Rio Rancho Real Estate Statistics
| Average Price | $452K |
|---|---|
| Lowest Price | $235K |
| Highest Price | $1.3M |
| Total Listings | 280 |
| Avg. Days On Market | 47 |
| Avg. Price/SQFT | $217 |
Property Types (active listings)
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Explore Rio Rancho Real Estate
Located in Sandoval County, Rio Rancho is a large, growing city just north of Albuquerque. With its numerous communities with gorgeous views of the surrounding landscape, this city is a great alternative to its neighbor to the south. Its growing population has resulted in a healthy real estate market, with homes that fit a number of different lifestyles: growing families, retirees, investors, and more.
The majority of the real estate available in Rio Rancho is single-family homes. As the city is known for its residential neighborhoods, this is no surprise—and another reason why a good portion of homebuyers are families and commuters. Its quiet streets and homes that can sometimes sit on an entire acre of land (or more) are just two of the reasons why these properties are so appealing. In general, homes for sale in Rio Rancho are more affordable than other surrounding cities, namely Albuquerque. Because of this, buyers can find great homes with multiple bedrooms and bathrooms at more competitive prices, whilst still being in a similar area.
Rio Rancho homes are usually one story in height, although luxury homes are more often multi-story constructions. Interested homebuyers also have some choice when it comes to architecture, as homes in this city range from ranch and Mediterranean-style bungalows to a kind of modern, Pueblo Revival style. The latter often incorporates contemporary elements, such as exterior accent walls in different materials, more modern roofs, or even multiple stories. There are also a select number of townhomes for sale in Rio Rancho. The Esplanade, for example, is a 55+ community located just minutes from downtown.
With price point also comes a range in home size. Smaller, affordable homes in Rio Rancho can begin at around 1,000 square feet—and can offer multiple bedrooms and bathrooms in spite of this. In short, these homes might be perfect as starter homes, or for singles or couples. Conversely, homes can reach 3,000 and even 4,000 square feet, although this is much more prevalent (essentially exclusive to) the luxury homes in the city. Homes for sale featuring 3 bedrooms and 2 bathrooms are the most common on the real estate market, however this varies from property to property. There is also the opportunity to purchase new construction homes in neighborhoods such as Enchanted Hills, which is located in the city’s north end.
Luxury homes in Rio Rancho are beautiful and often custom in design. Rio Rancho Estates is a popular, luxury neighborhood in the west end with exceptional views of the surrounding landscape. Homes are constructed on large lots—and the square footage to match. Homes in this area, however, are more rare to find on the market.
Rio Rancho: Top Highlights & Attractions
The city of Rio Rancho is primarily residential, and neighborhoods surround a few commercial areas. Much of the city’s shops, restaurants, and other businesses are found along the Pat D’Arco Highway, which runs right through the city. Residents are just a quick drive away from accessing the necessities, such as grocery stores, or supporting local businesses, such as family-owned restaurants. Rio Rancho has a hospital in the south end, as well as several clinics located around the city.
For those of all ages (but especially the kids), the Haynes Community Center and Park is a major attraction. With an outdoor pool, a large playground, sports fields, tennis courts, and various programs and activities, the city really lives up to its motto. Other large parks and green spaces around the city include Cabezon Park, Arroyo De Deportes Park (at the Rio Rancho Sports Complex), A Park Above, and Loma Colorado Park—the last of which is right next to the Rio Rancho Aquatic Center and Rio Rancho High School. Small neighborhood parks and playgrounds, such as the one in Loma Colorado, are found all throughout the residential areas.
Other city highlights include the Rio Rancho Events Center, the Rio Rancho Bosque Preserve, and the Santa Ana Golf Club (although this is located just outside the city limits). There are also a number of schools in Rio Rancho, which is another reason why so many families choose to make this city home.
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