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All market snapshots / 87124

Rio Rancho, NM 87124 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Rio Rancho, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 108108PendingPending sales: 1212
Rio Rancho, NM: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $448k$448kSoldMedian sold price (last 6 months): $375k$375k
What homes actually sell for in Rio Rancho, NM
Distribution of 502 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $313k to $470k
$234k to $289k: 56 sales$234k$289k to $344k: 110 sales110sales$344k to $399k: 102 sales$344k$399k to $454k: 75 sales$454k to $510k: 41 sales$454k$510k to $565k: 28 sales$565k to $620k: 21 sales$565k$620k to $675k: 17 salesMedian $375k

What the numbers say

As of October 5, 2026, Resideline is tracking 108 active listings and 12 pending sales in ZIP code 87124. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $448,450, while the median of the 502 closed sales Resideline tracked over the last six months was $374,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 87124 for 71 days.

Frequently asked questions

What is the median home price in 87124?

The median closed sale price in Rio Rancho, NM 87124 was $374,900 over the last six months, based on 502 closed sales tracked by Resideline. The middle half of those sales ranged from $313,000 to $470,000.

Is 87124 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 108 active listings in 87124, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 87124 currently looks like a balanced market.

Nearby ZIP code market data

Full Rio Rancho, NM housing market report →

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