Population: 57,239 · Density: 283.5/mi² · Median household income: $72,986
Typical home value: $235,124 · Homeownership: 78.3%
Data as of January 2026. Source: Realtor.com.
The RIO RANCHO, NM real estate market (87124) currently shows 219 active listings, with 88 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 83 days on market compared to 78 days last year.
The median listing price has fallen 3.6% year-over-year, from $433,725 to $418,265.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87124 | Rio Rancho, NM 87124 | 0.0 mi | 219 | $100,859,136 | $418,265 | $460,544 |
| 87114 | Albuquerque, NM 87114 | 8.2 mi | 146 | $73,427,780 | $400,000 | $502,930 |
| 87048 | Corrales, NM 87048 | 10.3 mi | 35 | $42,372,225 | $975,000 | $1,210,635 |
| 87104 | Albuquerque, NM 87104 | 13.5 mi | 46 | $27,575,896 | $492,500 | $599,476 |
| 87004 | Bernalillo, NM 87004 | 14.3 mi | 31 | $16,955,078 | $460,000 | $546,938 |
| 87102 | Albuquerque, NM 87102 | 15.6 mi | 66 | $20,695,092 | $280,000 | $313,562 |
| 87111 | Albuquerque, NM 87111 | 18.3 mi | 125 | $85,522,750 | $450,000 | $684,182 |
| 87108 | Albuquerque, NM 87108 | 18.5 mi | 71 | $21,880,141 | $280,250 | $308,171 |
| 87112 | Albuquerque, NM 87112 | 19.7 mi | 94 | $33,845,546 | $337,450 | $360,059 |
| 87105 | Albuquerque, NM 87105 | 20.1 mi | 84 | $34,239,576 | $362,500 | $407,614 |
| 87053 | San Ysidro, NM 87053 | 21.5 mi | 0 | $0 | $169,000 | $169,000 |
| 87008 | Cedar Crest, NM 87008 | 24.4 mi | 13 | $6,168,760 | $441,500 | $474,520 |
| 87047 | Sandia Park, NM 87047 | 29.4 mi | 27 | $24,377,949 | $699,000 | $902,887 |
As of January 2026, there are 219 active listings in RIO RANCHO, NM (zip code 87124), compared to 184 the prior year.
The median listing price in RIO RANCHO, NM 87124 is $418,265 as of January 2026, a 3.6% decrease from $433,725 the prior year.
Homes in RIO RANCHO, NM 87124 spend an average of 83 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RIO RANCHO, NM 87124 is currently a Buyer's Market. Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in RIO RANCHO, NM 87124 save an estimated $8,365 compared to a typical 5% commission on the median listing price of $418,265. 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.