Data as of September 2026. Source: Realtor.com.
The RIO RANCHO, NM real estate market (87124) currently shows 306 active listings, with 91 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.
Homes are selling faster, averaging 64 days on market compared to 66 days last year.
The median listing price has risen 1.2% year-over-year, from $424,999 to $429,900.
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 September 2026, there are 306 active listings in RIO RANCHO, NM (zip code 87124), compared to 265 the prior year.
The median listing price in RIO RANCHO, NM 87124 is $429,900 as of September 2026, a 1.2% increase from $424,999 the prior year.
Homes in RIO RANCHO, NM 87124 spend an average of 64 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of September 2026, RIO RANCHO, NM 87124 is currently a Balanced Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in RIO RANCHO, NM 87124 save an estimated $8,598 compared to a typical 5% commission on the median listing price of $429,900. 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.