Data as of July 2026. Source: Realtor.com.
The RIO RANCHO, NM real estate market (87124) currently shows 299 active listings, with 118 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.
Homes are selling faster, averaging 58 days on market compared to 59 days last year.
The median listing price has fallen 4.4% year-over-year, from $449,220 to $429,450.
Whether you are buying or selling in RIO RANCHO, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 57,239 · Density: 283.5/mi² · Median household income: $72,986
Typical home value: $235,124 · Homeownership: 78.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87124 | Rio Rancho, NM 87124 | 0.0 mi | 223 | $108,470,768 | $428,000 | $486,416 |
| 87114 | Albuquerque, NM 87114 | 8.2 mi | 165 | $81,638,535 | $399,500 | $494,779 |
| 87048 | Corrales, NM 87048 | 10.3 mi | 38 | $44,375,640 | $952,500 | $1,167,780 |
| 87104 | Albuquerque, NM 87104 | 13.5 mi | 47 | $28,153,423 | $506,000 | $599,009 |
| 87004 | Bernalillo, NM 87004 | 14.3 mi | 25 | $13,326,825 | $507,500 | $533,073 |
| 87102 | Albuquerque, NM 87102 | 15.6 mi | 70 | $21,592,620 | $275,000 | $308,466 |
| 87111 | Albuquerque, NM 87111 | 18.3 mi | 139 | $92,594,294 | $444,500 | $666,146 |
| 87108 | Albuquerque, NM 87108 | 18.5 mi | 72 | $22,485,168 | $291,250 | $312,294 |
| 87112 | Albuquerque, NM 87112 | 19.7 mi | 106 | $39,023,052 | $337,000 | $368,142 |
| 87105 | Albuquerque, NM 87105 | 20.1 mi | 85 | $35,040,910 | $350,000 | $412,246 |
| 87053 | San Ysidro, NM 87053 | 21.5 mi | 1 | $260,000 | $260,000 | $260,000 |
| 87008 | Cedar Crest, NM 87008 | 24.4 mi | 15 | $7,181,775 | $444,100 | $478,785 |
| 87068 | Bosque Farms, NM 87068 | 26.9 mi | 9 | $4,853,187 | $532,250 | $539,243 |
As of July 2026, there are 299 active listings in RIO RANCHO, NM (zip code 87124), compared to 273 the prior year.
The median listing price in RIO RANCHO, NM 87124 is $429,450 as of July 2026, a 4.4% decrease from $449,220 the prior year.
Homes in RIO RANCHO, NM 87124 spend an average of 58 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of July 2026, RIO RANCHO, NM 87124 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in RIO RANCHO, NM 87124 save an estimated $8,589 compared to a typical 5% commission on the median listing price of $429,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.