12

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

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  • 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
  • 1907 Inca Rd NE, Rio Rancho, NM 87124
    1907 Inca Rd NE, Rio Rancho, NM 87124
    1907 Inca Rd NE, Rio Rancho, NM 87124
    /11

    $1,103,180

    New Construction
    • 4 Beds
    • 4.5 Baths
    • 3,317 Sq Ft

    1907 Inca Rd NE, Rio Rancho, NM 87124

    Discover elevated modern living in this custom-built contemporary residence situated on just over one acre in Rio Rancho, New Mexico. Thoughtfully designed as a single-level home, this 4-bedroom, 5-bathroom layout offers a highly functional split-bedroom floor plan that balances privacy, open living, and architectural sophistication.At the heart of the home is a spacious great room featuring

    Agent Photo

    Jonathan Nunez

    LPT Realty

    1907 Inca Rd NE, Rio Rancho, NM 87124
  • 2505 Mansart Ct NE, Rio Rancho, NM 87144
    2505 Mansart Ct NE, Rio Rancho, NM 87144
    2505 Mansart Ct NE, Rio Rancho, NM 87144
    /87

    $1,475,000

    New Construction $300K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 5,146 Sq Ft

    2505 Mansart Ct NE, Rio Rancho, NM 87144

    Custom mansion over 5,000sqft, the crown jewel of Montebella Estates. This architectural masterpiece offers an elite lifestyle, crafted to showcase the most majestic panoramic views of the Sandia Mountains. Designed by renowned Ron Montoya Designs and constructed by master builder Candelaria Homes, every detail of this residence exudes luxury, beauty, and sophistication. Featuring chefs kitchen

    Richard Gonzales Oso Elite Realty

    2505 Mansart Ct NE, Rio Rancho, NM 87144
  • 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

    $1,345,000

    $55K 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
  • Se Corner Broadmoor and Northern Blvd Rr NE, Rio Rancho, NM 87124
    Se Corner Broadmoor and Northern Blvd Rr NE, Rio Rancho, NM 87124
    Se Corner Broadmoor and Northern Blvd Rr NE, Rio Rancho, NM 87124
    /3

    $1,450,000

    • Land
    • 2.35 Acres
    • $617,021 per Acre

    Se Corner Broadmoor and Northern Blvd Rr NE, Rio Rancho, NM 87124

    These lots are at the corner of main and main, in Rio Rancho. They are zoned commercial and would make an excellent site for a Gas Station / retail store user. Several of the national commercial users have looked at this but, no one has bought it yet!! These lots sit high and dry, and are very visable from Northern Blvd.

    Toby Atencio Lobo Realty Group

    Se Corner Broadmoor and Northern Blvd Rr NE, 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
  • 300 Mission Ridge Rd, Corrales, NM 87048
    300 Mission Ridge Rd, Corrales, NM 87048
    300 Mission Ridge Rd, Corrales, NM 87048
    /69

    $1,299,000

    $126K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,542 Sq Ft

    300 Mission Ridge Rd, Corrales, NM 87048

    Panoramic views, this 3600sf 4/3/3 custom home on a cul-de-sac in the iconic village with stellar views of the Rio Grande Valley, city lights, and 50 miles of mountain ranges. Stunning sunrises/sunsets, city events from the perfect vantage point. Modernized in 2025 with a mountain chic design. The home features open concept with Oklahoma flagstone, Saltillo tile, and hand-painted Talavera tile

    Miriam Anderson Realty One of New Mexico

    300 Mission Ridge Rd, 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 $395,000, up 7% year-over-year. Homes in Rio Rancho sell in 50 days on average, compared to the national average of 56 days.

Home Price Trends

Median Sale Price
$395,000
Median Single Family Sale Price
$414,990
Median Townhouse Sale Price
$301,250
Median 2 Bedroom Sale Price
$262,500
Median 1 Bedroom Sale Price
$162,500
Average Price Per Sq Ft
$220
Number of Homes for Sale
582
Last 12 months Home Sales
2,319
Months of Supply
3.00
Median List Price
$415,000
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.

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