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Rio Rancho, NM Short Sale Homes for Sale

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  • 1501 Via Verane Dr SE, Rio Rancho, NM 87124
    1501 Via Verane Dr SE, Rio Rancho, NM 87124
    1501 Via Verane Dr SE, Rio Rancho, NM 87124
    /48

    $469,900

    $60K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,314 Sq Ft

    1501 Via Verane Dr SE, Rio Rancho, NM 87124

    Welcome to this Centex Home situated on a large cul de sac lot. This home features 4 bedrooms, plus an office as well as a game room or additional living area for a total of 6 potential rooms. Lots of living space, large open kitchen with abundant storage, formal dining and eat-in kitchen nook. You'll love the owner's suite with a wonderful bathroom and large walk-in closet. Great backyard with

    Agent Photo

    The Schuster Team

    Simply Real Estate

    1501 Via Verane Dr SE, Rio Rancho, NM 87124
  • 0 50th St Sw Blk 6 Lot 65 Unit 3, Rio Rancho, NM 87124
    0 50th St Sw Blk 6 Lot 65 Unit 3, Rio Rancho, NM 87124
    0 50th St Sw Blk 6 Lot 65 Unit 3, Rio Rancho, NM 87124
    /3

    $12,000

    $8K PRICE INCREASE
    • Land
    • 1.15 Acres
    • $10,435 per Acre

    0 50th St Sw Blk 6 Lot 65 Unit 3, Rio Rancho, NM 87124

    COORDINATES:Latitude: 35 14' 19.249''Longitude: -106 50' 9.741''Free your mind & build your slice of paradise! Seller has lot 6 for sale. Reach out with questions.

    Kim Plummer Realty One of New Mexico

    0 50th St Sw Blk 6 Lot 65 Unit 3, Rio Rancho, NM 87124
  • 3525 Elder Meadows Dr NE, Rio Rancho, NM 87144
    3525 Elder Meadows Dr NE, Rio Rancho, NM 87144
    3525 Elder Meadows Dr NE, Rio Rancho, NM 87144
    /28

    $320,000

    $40K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 2,278 Sq Ft

    3525 Elder Meadows Dr NE, Rio Rancho, NM 87144

    Spacious 2 story open floor plan with 2,278 sq ft, 5 bedrooms, 2.5 baths, and a loft. All bedrooms are upstairs for added privacy. Kitchen includes stainless steel appliances. New windows installed November 2025. Backyard is a blank canvas, HOA covers front yard landscaping.

    Blanca Martinez Coldwell Banker Legacy

    3525 Elder Meadows Dr NE, Rio Rancho, NM 87144
New Mexico Sandoval County

Short Sale Homes for Sale in Rio Rancho, NM

Home Prices in Rio Rancho, NM

The median home sale price in Rio Rancho, NM is $395,000, up 7% year-over-year. Homes in Rio Rancho sell in 51 days on average, compared to the national average of 56 days.

Home Price Trends

Median Sale Price
$395,000
Median Single Family Sale Price
$415,000
Median Townhouse Sale Price
$302,500
Median 2 Bedroom Sale Price
$265,000
Median 1 Bedroom Sale Price
$162,500
Average Price Per Sq Ft
$221
Number of Homes for Sale
620
Last 12 months Home Sales
2,368
Months of Supply
3.10
Median List Price
$416,870
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%

Popular Home Searches in Rio Rancho, NM

In Rio Rancho, buyers often prioritize affordability, wide open views, and newer homes close to Albuquerque’s west side.

How to Buy a Home How to Finance a Home How to Sell a Home

In Rio Rancho, there are currently 3 short sale homes. A short sale occurs when the lender accepts payment lower than the outstanding mortgage amount from the homeowner. This real estate option can offer buyers an opportunity to secure property at a discounted price, ideal for those seeking value in the market. Browse a selection of short sale homes in Rio Rancho, NM that offer a unique opportunity for savvy buyers.

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