Market Intelligence · NM / Rio Rancho

Rio Rancho, NM 87144 Housing Market

Typical home value in Rio Rancho's 87144 ZIP is $372,888, up 0.9% over the past year. The median list price stands at $416,045, with homes taking a median of 67 days to sell as of September 2026.

Updated September 2026Median value$373K

The median home value in Rio Rancho, NM 87144 is $373K as of September 2026, up 0.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 87144 range

$343K to $403K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.9% over 12 months

Sep 2025$369K

Low $369KHigh $373K

Sep 2026$373K

The numbers

What is the 87144 housing market like?

As of September 2026

Typical home value

$373K

0.9%YoY

Median list price

$416K

2.0%MoM

Days on market

9.8%MoM

Homes for sale

268

0.4%MoM

Price cuts

29.8%

25.6%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

87144 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 87144 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 87144 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 87144?

Zillow's forecast does not call for a drop: it expects typical home values in 87144 to rise 1.6% by September 2027, after a 0.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 87144 home prices compare?

87144$372,888
Rio Rancho$360,743
New Mexico$276,177
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Rio Rancho: 2 ZIPs; New Mexico: 153 ZIPs; United States: 26,262 ZIPs).

Context

Rio Rancho's 87144 has 268 homes for sale with 90 new listings added in September 2026. Nearly 30% of listings show a price cut, suggesting sellers are adjusting to market conditions. The median time on market of 67 days indicates steady but unhurried movement. Modest appreciation of 0.9% over the past year reflects a balanced market. Sellers should expect realistic pricing and patience in this environment.

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Home price

Down payment20% · $74,578

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Common questions

What people ask us.

What is the typical home value in 87144?

The typical home value is $372,888, up 0.9% from the past year as of September 2026.

How many homes are currently for sale in Rio Rancho's 87144?

There are 268 homes for sale as of September 2026, with 90 new listings that month.

How long do homes typically take to sell here?

The median days on market is 67 as of September 2026.

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