$540,000
4 bd3 ba- sqft
3073 Shannon Ln NE #1
Rio Rancho, NM Housing Market
$355,185
1.2% 1-yrThe average Rio Rancho, NM home value is $355,185, up 1.2% over the past year and goes to pending in around 20 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Rio Rancho Key Takeaways
Typical Home Values: $355,185
1-year Value Change: +1.2%
(Data through September 30, 2025)
Rio Rancho Housing Market Overview
--1-year Market Forecast
528For sale inventory(September 30, 2025)
163New listings(September 30, 2025)
0.997Median sale to list ratio(August 31, 2025)
$353,333Median sale price(August 31, 2025)
$407,330Median list price(September 30, 2025)
14.5%Percent of sales over list price(August 31, 2025)
50.7%Percent of sales under list price(August 31, 2025)
20Median days to pending(September 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Rio Rancho
- NameMedian ZHVI
- Northern Meadows$320,789
- North Hills$267,486
- Solar Village/Mid-Unser$342,384
- Broadmoor$337,479
- High Resort Village$337,807
- Chamiza Estates$523,085
- High Resort$424,601
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Rio Rancho Rental Market Trends
$1,927Average rent in Rio Rancho(September 30, 2025)
$1,979National average rent(September 30, 2025)
1.1%Month-over-month change(September 30, 2025)
2.8%Year-over-year change(September 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
