Rio Rancho, NM 87124 Real Estate & Property Data

Rio Rancho, NM 87124 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 1,061 residential properties have been sold over the past 12 months in 87124. With a median sales price of $335,774 in 87124 and a total of 1 foreclosures in Rio Rancho, NM 87124. Discover market trends and get the granular level real estate data for Rio Rancho, NM 87124 to keep your pulse on the housing market. Curate compelling home reports for Rio Rancho, NM 87124 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rio Rancho, NM 87124 Real Estate Market Trends
Total Residential Properties 21,141
Total Commercial Properties 404
Avg. Home Age (Single Family Home) 32 Years
Avg. Square Feet (Single Family Home) 1,865
Total 2025 Residential Sales (year-to-date) 138
% of Homes Seriously Underwater (Q2 2025) 0.69%
Total 2024 Residential Sales 992
% of Equity Rich Homes (Q2 2025) 45.23%
Effective 2024 Property Tax 0.73%
Total Foreclosure Filings (year-to-date) 3
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Rio Rancho, NM 87124 Real Estate Overview

There were 1,061 residential properties sold in the past year in Rio Rancho, NM 87124. The median home value in Rio Rancho, NM 87124 is $334,390. There are a total of 21,141 residential properties in the 87124.

Median Sales Price i
$335,774
(Feb 2025)
+2.4%
year-over-year
y-o-y
  • February '25 Feb '25 $335,774
  • January '25 Jan '25 $305,834
  • December '24 Dec '24 $320,512
  • November '24 Nov '24 $347,500
  • October '24 Oct '24 $315,425
  • September '24 Sep '24 $322,500
  • August '24 Aug '24 $353,997
  • July '24 Jul '24 $325,315
  • June '24 Jun '24 $345,156
  • May '24 May '24 $355,631
  • April '24 Apr '24 $317,399
  • March '24 Mar '24 $338,827
Median Down Payment i
$56,420
(Feb 2025)
+14.5%
year-over-year
y-o-y
  • February '25 Feb '25 $56,420
  • January '25 Jan '25 $52,114
  • December '24 Dec '24 $28,750
  • November '24 Nov '24 $56,337
  • October '24 Oct '24 $57,000
  • September '24 Sep '24 $63,750
  • August '24 Aug '24 $63,910
  • July '24 Jul '24 $47,125
  • June '24 Jun '24 $58,700
  • May '24 May '24 $58,125
  • April '24 Apr '24 $54,500
  • March '24 Mar '24 $58,400
Number of Homes Sold i
73
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 73
  • January '25 Jan '25 65
  • December '24 Dec '24 85
  • November '24 Nov '24 78
  • October '24 Oct '24 87
  • September '24 Sep '24 65
  • August '24 Aug '24 106
  • July '24 Jul '24 99
  • June '24 Jun '24 84
  • May '24 May '24 70
  • April '24 Apr '24 95
  • March '24 Mar '24 81
Number of Purchase Loans i
55
(Feb 2025)
-17.9%
year-over-year
y-o-y
  • February '25 Feb '25 55
  • January '25 Jan '25 49
  • December '24 Dec '24 77
  • November '24 Nov '24 60
  • October '24 Oct '24 71
  • September '24 Sep '24 57
  • August '24 Aug '24 99
  • July '24 Jul '24 82
  • June '24 Jun '24 74
  • May '24 May '24 67
  • April '24 Apr '24 80
  • March '24 Mar '24 76
Number of REFI Loans i
64
(Feb 2025)
+23.1%
year-over-year
y-o-y
  • February '25 Feb '25 64
  • January '25 Jan '25 61
  • December '24 Dec '24 45
  • November '24 Nov '24 53
  • October '24 Oct '24 59
  • September '24 Sep '24 77
  • August '24 Aug '24 61
  • July '24 Jul '24 65
  • June '24 Jun '24 46
  • May '24 May '24 52
  • April '24 Apr '24 55
  • March '24 Mar '24 52
Number of HELOC Loans i
18
(Feb 2025)
-5.3%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 16
  • December '24 Dec '24 18
  • November '24 Nov '24 20
  • October '24 Oct '24 20
  • September '24 Sep '24 19
  • August '24 Aug '24 34
  • July '24 Jul '24 24
  • June '24 Jun '24 19
  • May '24 May '24 22
  • April '24 Apr '24 19
  • March '24 Mar '24 27

Rio Rancho, NM 87124 Foreclosure Activity

There were a total of 1 Rio Rancho, NM 87124 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
1
(Feb 2025)
-85.7%
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 2
  • June '24 Jun '24 N/A
  • May '24 May '24 3
  • April '24 Apr '24 1
  • March '24 Mar '24 6
Foreclosure Starts i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 6
Completed Foreclosures (REOs) i
1
(Feb 2025)
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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