Over the last 12 months, 93 homes sold in Rio Rancho M-W (Rio Rancho, NM) at a median price of $330,000. Of those closings, 56% sold under asking, 32% at asking and 12% over asking — based on SFAR + SWMLS MLS closed-sale data through October 11, 2026. Homes went under contract in a median of 23 days in this window. At 0.9 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

Rio Rancho M-W (Rio Rancho) Market Snapshot — subdivision-level data

MetricValue
Geographic binRio Rancho M-W (Rio Rancho), NM — subdivision/neighborhood level
Data source board(s)SFAR + SWMLS
Homes sold, last 12 months93
Median sale price, last 12 months$330,000
Median sold $/sqft, last 12 months$232/sqft
Sold under / at / over asking (final list, 12 mo)56% / 32% / 12%
% of final asking price received (median, 12 mo)98.9%
Median days on market, sold homes (12 mo)23 days
Homes sold, last 90 days23
Median sale price, last 90 days$330,000
Months of inventory (true absorption)0.9 months
Active listings (inventory)7
Median active list price$332,000
Pending sales9

Sales by Price Band (last 12 months)

Price bandClosed sales
Under $400K91 sales (98%)
$400K–$700K2 sales (2%)
$700K–$1M0 sales (0%)
$1M–$2M0 sales (0%)
Over $2M0 sales (0%)

Frequently Asked Questions

Are homes selling over or under asking price in Rio Rancho M-W, NM?

Over the trailing 12 months in Rio Rancho M-W (Rio Rancho) (SFAR + SWMLS MLS data, closed-sale data), 56% sold under asking, 32% at asking and 12% over asking on final list price, among 93 closed sales. Data through October 11, 2026; New Mexico is a non-disclosure state, so only aggregate closed-sale statistics are published, never individual sale prices.

How fast do homes sell in Rio Rancho M-W, NM?

Homes that closed in Rio Rancho M-W (Rio Rancho) over the last 12 months went under contract in a median of 23 days (SFAR + SWMLS MLS data). At 0.9 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

Do sellers get full price in Rio Rancho M-W, NM?

Among 93 homes that closed in Rio Rancho M-W (Rio Rancho) over the last 12 months (SFAR + SWMLS MLS data), 12% sold over asking (while 56% sold under) on final list price. Sellers' median result was 98.9% of final asking price.

What price range sells most in Rio Rancho M-W, NM?

Of the 93 homes that closed in Rio Rancho M-W (Rio Rancho) over the last 12 months, the Under $400K price band led with 91 sales (98%) of closed sales (SFAR + SWMLS MLS data, trailing 12 months).

Related Market Reports


Data source & methodology: Closed-sale and active-listing statistics computed from board-direct SFAR + SWMLS MLS records for Rio Rancho M-W (Rio Rancho), New Mexico, subdivision/neighborhood-level geographic bin (SFAR `subdivision` / SWMLS `mls_area` proxy, cross-board de-duplicated), snapshot October 11, 2026. New Mexico is a non-disclosure state: only aggregate sold statistics (medians, counts, ratios, days on market) are published here — never an individual sale price. Statistics below a floor of 20 sold records in the trailing 12-month window, or under 5% of subdivision inventory, are suppressed rather than estimated (this subdivision cleared that floor). This subdivision is on the SWMLS/flexmls (Albuquerque-metro) board, which does not expose an Original List Price field in the data grid, so the headline pricing metric here is the under/at/over-final-asking-price split rather than percent of original asking price. Prepared by Matthew Scarborough — Scarborough Realty Group, Keller Williams Santa Fe.