Zip 87144 (Rio Rancho, NM) Housing

The housing market in 87144 Rio Rancho, NM is extremely healthy and highly desirable. The median value of houses in the region is remarkably close to the national average at $299,500 compared to the US median of $338,100. In addition, over the past year appreciation of houses in 87144 Rio Rancho, NM has outpaced the national average with house values increasing by 13.79% compared to 8.27% for the US as a whole. This makes Rio Rancho an excellent choice for anyone looking to invest in new property or upgrade their existing home.

The median home cost in Rio Rancho (zip 87144) is $299,500. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Rio Rancho (zip 87144) is up 17.1%.

Average Age of Homes

- The median age of Rio Rancho (zip 87144) real estate is 16 years old

The Rental Market in Rio Rancho (zip 87144)

- Renters make up 16.0% of the Rio Rancho (zip 87144) population
- 1.3% of houses and apartments in Rio Rancho (zip 87144), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rio Rancho, New Mexico	United States
	16,962.0	139,647,020.0
	19	42
	$299,500	$338,100
	17.1%	16.6%
	57.7%	57.0%
	77.7%	101.1%
	$9.42	$10.98
	$2,074	$2,690
	78.6%	57.4%
	4.5%	11.2%
	16.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.2%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.2%	2.4%
	0.5%	2.8%
	0.4%	3.9%
	0.5%	4.5%
	12.5%	11.3%
	23.9%	13.0%
	40.1%	20.1%
	11.0%	13.6%
	6.1%	8.3%
	3.3%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	41.6%	13.6%
	41.6%	13.6%
	29.6%	13.6%
	9.4%	13.2%
	2.1%	14.8%
	29.6%	13.6%
	0.9%	10.0%
	0.1%	4.7%
	0.1%	12.2%

Reviews for Rio Rancho

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JIN · Loris, SC

This place is Not for a Median salary person.

Over 3 years ago

Everything looks good. There is a very safe place. But housing prices and utility bills are too high. The weather is crazy too windy and dust like a desert exactly. The More

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IDaveZ · Rio Rancho, NM

I love it here

Over 16 years ago

We have lived in Rio Rancho for the past 4 years. We relocated from Las Vegas NV. and we all simply love it here. We live near the 550 freeway as well as NM 528. We More

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