Recently Sold Homes in Rio Rancho, NM

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Rio Rancho, NM Real Estate Insights

Rio Rancho is located in New Mexico.

Rio Rancho is home to a large number of quality restaurants, making it easy for locals to enjoy burger joints, sushi bars and Vietnamese when the mood strikes. If you are looking for a special ingredient, local produce, normal everyday items, or even specially imported international items, then this area has what you need. A good time is never far away in Rio Rancho with the many nightlife venues that line the streets. Some people love gymnastics, riding hot air balloons and golfing, others prefer taking in nature during a leisurely drive, but whatever your preference, this city is full of options to keep you active. Featuring many stores such as electronic stores, eyewear stores and beauty supply shops, shopping in this area won't be an issue for anyone at all.

In Rio Rancho's real estate market, the average listing price increased 0.4 percent year-over-year to reach $232,602 from $231,691 last year. At the same time, inventory in this city marginally declined 5.5 percent in the same period. The number of homes for sale dropped from 652 in last year to 616 in this year. Living rooms in the homes in this place usually feature a fireplace which can be customized according to whether you want it to be the focal point of the room or just a useful heat source. There are many homes in Rio Rancho with sturdy tile floors that need very little maintenance, so this means you can spend less time cleaning and more time having fun with the family. The majority of the houses in this area have professional outdoor landscaping to help ensure that their exteriors are as attractive and interesting as their interiors.