Data as of February 2026. Source: Realtor.com.
The RIO RANCHO, NM real estate market (87124) currently shows 223 active listings, with 100 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 70 days on market compared to 51 days last year.
The median listing price has fallen 0.5% year-over-year, from $429,998 to $428,000.
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 | 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 February 2026, there are 223 active listings in RIO RANCHO, NM (zip code 87124), compared to 192 the prior year.
The median listing price in RIO RANCHO, NM 87124 is $428,000 as of February 2026, a 0.5% decrease from $429,998 the prior year.
Homes in RIO RANCHO, NM 87124 spend an average of 70 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of February 2026, RIO RANCHO, NM 87124 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in RIO RANCHO, NM 87124 save an estimated $8,560 compared to a typical 5% commission on the median listing price of $428,000. 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.