12

Rio Rancho, NM Homes for Sale under $1,500,000

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  • 816 Villa Rd SE, Rio Rancho, NM 87124
    816 Villa Rd SE, Rio Rancho, NM 87124
    816 Villa Rd SE, Rio Rancho, NM 87124
    /71

    $1,150,000

    $25K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 3,253 Sq Ft

    816 Villa Rd SE, Rio Rancho, NM 87124

    xperience elevated living where luxury, privacy, and breathtaking views come together in perfect harmony. Perched above the city on an exceptional homesite, this custom residence captures sweeping panoramic views of the Sandia Mountains, city skyline, and sparkling lights below while offering the tranquility of a peaceful retreat just minutes from premier shopping, dining, healthcare, and

    Agent Photo

    Jerry Jones

    Realty One of New Mexico

    816 Villa Rd SE, Rio Rancho, NM 87124
  • 6721 Pasilla Rd NE, Rio Rancho, NM 87144
    6721 Pasilla Rd NE, Rio Rancho, NM 87144
    6721 Pasilla Rd NE, Rio Rancho, NM 87144
    /89

    $1,200,000

    • 4 Beds
    • 2.5 Baths
    • 3,077 Sq Ft

    6721 Pasilla Rd NE, Rio Rancho, NM 87144

    THE VIEWS ARE UNFORGETTABLE! Perched on 1.33 acres with sweeping, unobstructed Sandia Mountain and city views, this exceptional property captures the beauty of New Mexico from morning light on the mountains to sparkling city lights after sunset. With 3,077 sq ft, 4 bedrooms, 2.5 baths and a 3-car garage, the home was designed to take full advantage of its incredible setting. The backyard is where

    Agent Photo

    Leanna Chavez

    EXP Realty LLC

    6721 Pasilla Rd NE, Rio Rancho, NM 87144
  • 55 Darlene Rd SE, Rio Rancho, NM 87124
    55 Darlene Rd SE, Rio Rancho, NM 87124
    55 Darlene Rd SE, Rio Rancho, NM 87124
    /10

    $1,030,000

    • 2 Beds
    • 8 Baths
    • 6,620 Sq Ft

    55 Darlene Rd SE, Rio Rancho, NM 87124

    Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality

    Agent Photo

    Michael Schlichte

    Absolute Real Estate

    55 Darlene Rd SE, Rio Rancho, NM 87124
  • 309 Geraldine Loop SE, Rio Rancho, NM 87124
    309 Geraldine Loop SE, Rio Rancho, NM 87124
    309 Geraldine Loop SE, Rio Rancho, NM 87124
    /8

    $1,030,000

    • 2 Beds
    • 8 Baths
    • 6,684 Sq Ft

    309 Geraldine Loop SE, Rio Rancho, NM 87124

    Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality

    Agent Photo

    Michael Schlichte

    Absolute Real Estate

    309 Geraldine Loop SE, Rio Rancho, NM 87124
  • 2608 Abrazo Rd NE, Rio Rancho, NM 87124
    2608 Abrazo Rd NE, Rio Rancho, NM 87124
    2608 Abrazo Rd NE, Rio Rancho, NM 87124
    /67

    $1,000,000

    New Construction $50K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,050 Sq Ft

    2608 Abrazo Rd NE, Rio Rancho, NM 87124

    Located in central Rio Rancho, situated on expansive 1/2 acre, sits your dreamy modern farmhouse! Cozy open kitchen, living & dining area with custom fireplace, large picture windows & 8ft sliding doors merging indoor & outdoor living. Soft luxury with stunning Sandia Mountain views! The chef's kitchen features Cafe appliances, top-quality finishes & a dream butler pantry. Unique floor plan

    Anne Vallejos Keller Williams Realty

    2608 Abrazo Rd NE, Rio Rancho, NM 87124
  • 517 1st St SW, Albuquerque, NM 87102
    517 1st St SW, Albuquerque, NM 87102
    517 1st St SW, Albuquerque, NM 87102
    /14

    $1,390,000

    $360K PRICE DROP
    • Land
    • 21,344 Sq Ft
    • $2,836,735 per Acre

    517 1st St SW, Albuquerque, NM 87102

    The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central

    Todd Clarke NM Apartment Advisors, Inc.

    517 1st St SW, Albuquerque, NM 87102
  • 191 Ivan Ct NE, Rio Rancho, NM 87124
    191 Ivan Ct NE, Rio Rancho, NM 87124
    191 Ivan Ct NE, Rio Rancho, NM 87124
    /27

    $1,290,000

    $110K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 3,978 Sq Ft

    191 Ivan Ct NE, Rio Rancho, NM 87124

    Welcome to this exceptional 2022-built, single-story luxury home, designed for elevated living and effortless entertaining. Situated on a .67-acre lot with breathtaking mountain views, this 4-bedroom, 3.5-bath residence blends modern elegance with resort-style comfort.The home features high-end appointments throughout, highlighted by a spa-inspired primary bathroom that rivals a luxury resort.

    Dina Melo Mahalo Realty LLC

    191 Ivan Ct NE, Rio Rancho, NM 87124
  • 716 W Colorado Mountain Rd NE, Rio Rancho, NM 87124
    716 W Colorado Mountain Rd NE, Rio Rancho, NM 87124
    716 W Colorado Mountain Rd NE, Rio Rancho, NM 87124
    /101

    $1,450,000

    New Construction
    • 6 Beds
    • 4.5 Baths
    • 3,904 Sq Ft

    716 W Colorado Mountain Rd NE, Rio Rancho, NM 87124

    Built by Fellowship Homes as their showcase model home, this exceptional estate pairs refined luxury with thoughtful design on a beautifully situated half acre lot. The main residence offers 3 bedrooms plus a flex space, 3.5 bathrooms, and a 3 car garage with an expansive open concept layout designed for elevated everyday living and entertaining. The living area features soaring 10' ceilings,

    Jordan O'Bryan Real Broker, LLC

    716 W Colorado Mountain Rd NE, Rio Rancho, NM 87124
  • 1241 22nd Ave SE, Rio Rancho, NM 87124
    1241 22nd Ave SE, Rio Rancho, NM 87124
    1241 22nd Ave SE, Rio Rancho, NM 87124
    /87

    $1,325,000

    Open Sat 1PM - 3PM $25K PRICE DROP
    • 4 Beds
    • 5.5 Baths
    • 4,294 Sq Ft

    1241 22nd Ave SE, Rio Rancho, NM 87124

    Behind privacy walls in Montebella Estates, a fully landscaped half acre unfolds -- courtyard, portals, fountains, and a pool that turns the backyard into a private resort. The main house offers 3,050 square feet with three bedrooms and three baths, complemented by a 1,244-square-foot casita with two bedrooms and three baths. Inside, true New Mexico craftsmanship shines with soaring ceilings

    Silesha Montano Naden LPT Realty

    1241 22nd Ave SE, Rio Rancho, NM 87124
  • 5005 Alberta Ave NE, Rio Rancho, NM 87144
    5005 Alberta Ave NE, Rio Rancho, NM 87144
    5005 Alberta Ave NE, Rio Rancho, NM 87144
    /85

    $1,150,000

    • 4 Beds
    • 3.5 Baths
    • 3,182 Sq Ft

    5005 Alberta Ave NE, Rio Rancho, NM 87144

    Exceptional custom home on a fully landscaped and gated half-acre lot in Rio Rancho. Offering over 3,100 square feet, this 4-bedroom, 3.5-bath residence features soaring ceilings, multiple living areas, radiant heating, porcelain tile, custom cantera accents, and abundant natural light. The chef's kitchen includes quartzite countertops, Wolf appliances, a Sub-Zero refrigerator, custom cabinetry,

    Chavez Team Keller Williams Realty

    5005 Alberta Ave NE, Rio Rancho, NM 87144
  • 625 Camino de Corrales Del Norte, Corrales, NM 87048
    625 Camino de Corrales Del Norte, Corrales, NM 87048
    625 Camino de Corrales Del Norte, Corrales, NM 87048
    /90

    $1,499,000

    $376K PRICE DROP
    • 5 Beds
    • 7 Baths
    • 12,024 Sq Ft

    625 Camino de Corrales Del Norte, Corrales, NM 87048

    Located behind secure gates on 2.51 acres, this stunning contemporary estate offers both privacy and convenient access to the Corrales Bosque and the Rio Grande River. A striking entry atrium welcomes you with an indoor garden and expansive skylight, filling the space with natural light. The main living area is designed for both comfort and entertaining, featuring a built-in bar and a beautifully

    Melinda Baisa Berkshire HHNMP

    625 Camino de Corrales Del Norte, Corrales, NM 87048
  • 600 Camino de Corrales Del Norte, Corrales, NM 87048
    600 Camino de Corrales Del Norte, Corrales, NM 87048
    600 Camino de Corrales Del Norte, Corrales, NM 87048
    /58

    $1,200,000

    • 4 Beds
    • 3.5 Baths
    • 3,990 Sq Ft

    600 Camino de Corrales Del Norte, Corrales, NM 87048

    Set on an expansive 2.5 acres in the idyllic Corrales, this stunning 3,990 sq ft farmhouse on Vista Hermosa Farm embodies luxury and tranquility. Surrounded by trees and vibrant landscaping, the property provides ample shade and a serene atmosphere, perfect for relaxation and outdoor enjoyment. The bright and airy interior features spacious rooms that invite natural light, offering a wonderful

    Valerie Padilla LPT Realty

    600 Camino de Corrales Del Norte, Corrales, NM 87048
New Mexico Sandoval County

Real Estate & Homes in Rio Rancho, NM under $1,500,000

Home Prices in Rio Rancho, NM

The median home sale price in Rio Rancho, NM is $398,490, up 6% year-over-year. Homes in Rio Rancho sell in 52 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price
$398,490
Median Single Family Sale Price
$417,500
Median Townhouse Sale Price
$300,000
Median 2 Bedroom Sale Price
$260,000
Median 1 Bedroom Sale Price
$164,500
Average Price Per Sq Ft
$221
Number of Homes for Sale
657
Last 12 months Home Sales
2,357
Months of Supply
3.30
Median List Price
$419,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%

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.

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