Is now a good time to buy land in Rio Rancho, New Mexico?
Rio Rancho, New Mexico is currently a strong buyer's market with 25.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
25.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 24 | 83 | 146 | 320 |
| 1-2 acres | 13 | 33 | 82 | 190 |
| 2-5 acres | 2 | 14 | 19 | 40 |
| 5-10 acres | - | 1 | 1 | 2 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 39 | 131 | 249 | 554 |
Rio Rancho, New Mexico is currently a strong buyer's market with 25.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Rio Rancho, New Mexico currently has 25.6 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Rio Rancho, New Mexico is 3.9% (3-month basis), indicating slow demand. The top-performing broker in this market is Double Eagle Real Estate.
Over the past 12 months, Rio Rancho, New Mexico saw 554 properties sold. In just the last 3 months, 131 properties changed hands.
Land in Rio Rancho, New Mexico typically sells within 148 days of listing. The median time on market is 88 days. Properties are moving slowly in the current strong buyer's market.
There are currently 1,119 active listings in Rio Rancho, New Mexico. 237 new listings have hit the market in the last 90 days. The median asking price is $16K.
The 3-month absorption rate in Rio Rancho, New Mexico is 3.9%. The 12-month rate is 4.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.