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Rio Rancho, NM 87144 Real Estate & Property Data

Rio Rancho, NM 87144 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 928 residential properties have been sold over the past 12 months in 87144. With a median sales price of $312,400 in 87144 and a total of 6 foreclosures in Rio Rancho, NM 87144. Discover market trends and get the granular level real estate data for Rio Rancho, NM 87144 to keep your pulse on the housing market. Curate compelling home reports for Rio Rancho, NM 87144 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rio Rancho, NM 87144 Real Estate Market Trends

Get property data for any address in Rio Rancho, NM 87144 or the country:

Total Residential Properties 17,744

Total Commercial Properties 62

Avg. Home Age (Single Family Home) 21 Years

Avg. Square Feet (Single Family Home) 1,957

Total 2024 Residential Sales (year-to-date) 128

% of Homes Seriously Underwater (Q2 2024) 0.91%

Total 2023 Residential Sales 869

% of Equity Rich Homes (Q2 2024) 41.81%

Effective 2023 Property Tax 0.79%

Total Foreclosure Filings (year-to-date) 9

Rio Rancho, NM 87144 Real Estate Overview

There were 928 residential properties sold in the past year in Rio Rancho, NM 87144. The median home value in Rio Rancho, NM 87144 is $340,644. There are a total of 17,744 residential properties in the 87144.

Median Sales Price i

$312,400

(Feb 2024)

-10.1%

year-over-year

y-o-y

February '24 Feb '24 $312,400
January '24 Jan '24 $338,043
December '23 Dec '23 $355,606
November '23 Nov '23 $359,282
October '23 Oct '23 $320,512
September '23 Sep '23 $360,000
August '23 Aug '23 $341,757
July '23 Jul '23 $341,121
June '23 Jun '23 $350,000
May '23 May '23 $335,774
April '23 Apr '23 $371,245
March '23 Mar '23 $313,594

Median Down Payment i

$61,875

(Feb 2024)

-6.7%

year-over-year

y-o-y

February '24 Feb '24 $61,875
January '24 Jan '24 $53,550
December '23 Dec '23 $67,312
November '23 Nov '23 $70,080
October '23 Oct '23 $60,000
September '23 Sep '23 $67,062
August '23 Aug '23 $60,844
July '23 Jul '23 $65,663
June '23 Jun '23 $70,000
May '23 May '23 $56,502
April '23 Apr '23 $67,872
March '23 Mar '23 $48,750

Number of Homes Sold i

72

(Feb 2024)

-5.3%

year-over-year

y-o-y

February '24 Feb '24 72
January '24 Jan '24 56
December '23 Dec '23 68
November '23 Nov '23 65
October '23 Oct '23 71
September '23 Sep '23 66
August '23 Aug '23 92
July '23 Jul '23 68
June '23 Jun '23 77
May '23 May '23 96
April '23 Apr '23 57
March '23 Mar '23 64

Number of Purchase Loans i

88

(Feb 2024)

+17.3%

year-over-year

y-o-y

February '24 Feb '24 88
January '24 Jan '24 61
December '23 Dec '23 77
November '23 Nov '23 71
October '23 Oct '23 94
September '23 Sep '23 76
August '23 Aug '23 98
July '23 Jul '23 67
June '23 Jun '23 75
May '23 May '23 96
April '23 Apr '23 60
March '23 Mar '23 72

Number of REFI Loans i

68

(Feb 2024)

+112.5%

year-over-year

y-o-y

February '24 Feb '24 68
January '24 Jan '24 50
December '23 Dec '23 49
November '23 Nov '23 54
October '23 Oct '23 48
September '23 Sep '23 46
August '23 Aug '23 62
July '23 Jul '23 56
June '23 Jun '23 43
May '23 May '23 41
April '23 Apr '23 41
March '23 Mar '23 56

Number of HELOC Loans i

20

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 17
December '23 Dec '23 21
November '23 Nov '23 11
October '23 Oct '23 18
September '23 Sep '23 22
August '23 Aug '23 21
July '23 Jul '23 18
June '23 Jun '23 20
May '23 May '23 22
April '23 Apr '23 8
March '23 Mar '23 20

Rio Rancho, NM 87144 Real Estate Market Overview

Last 30 days

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Rio Rancho, NM 87144 Foreclosure Activity

There were a total of 6 Rio Rancho, NM 87144 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

6

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 3
December '23 Dec '23 5
November '23 Nov '23 3
October '23 Oct '23 7
September '23 Sep '23 7
August '23 Aug '23 6
July '23 Jul '23 6
June '23 Jun '23 5
May '23 May '23 3
April '23 Apr '23 7
March '23 Mar '23 7

Foreclosure Starts i

5

(Feb 2024)

-16.7%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 2
December '23 Dec '23 5
November '23 Nov '23 2
October '23 Oct '23 3
September '23 Sep '23 4
August '23 Aug '23 4
July '23 Jul '23 5
June '23 Jun '23 4
May '23 May '23 2
April '23 Apr '23 5
March '23 Mar '23 6

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 87124

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