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Housing in Rio Verde

91 homes sold in Rio Verde in the last year, at a typical $734K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Rio Verde homes are listed.

Homes sold
91
June 2025 to May 2026
Typical sale price
$734K
median, weighted by sales
Price per square foot
$309
Arizona $253
Paid vs. asking
95.7%
2% sold over asking
For sale now
47
May 2026 · 15 sold that month
What sold · last 12 months

Houses are 76% of Rio Verde’s sales, at a typical $803K

91 homes sold in the year to May 2026.

Houses$803K

typical sale · 69 sold in 12 months

Per square foot
$317AZ $251
Days to sell
100
Sold over asking
3%
Listings with a price cut
23%
Fewer sales

Townhouses: 22 sold, typical $493K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.9 times the 2016 price

91 sales in the last year, against 158 in 2018 and a low of 78 in 2025. The typical sale went from $393K in 2016 to $734K.

Homes soldTypical sale price
050100150200$350K$500K$650K$800K2012: 95 sold, typical $322K’122013: 113 sold, typical $359K2014: 98 sold, typical $372K’142015: 114 sold, typical $415K2016: 126 sold, typical $393K’162017: 118 sold, typical $405K2018: 158 sold, typical $445K’182019: 144 sold, typical $464K2020: 145 sold, typical $472K’202021: 149 sold, typical $562K2022: 88 sold, typical $688K’222023: 84 sold, typical $695K2024: 96 sold, typical $732K’242025: 78 sold, typical $743KLast 12 months: 91 sold, typical $734KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $750K buys in Rio Verde

Houseat $317 a sq ft
The same money in Arizonaat $251 a sq ft

Is this asking price fair?

Check a listing against what Rio Verde homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Rio Verde are back to pre-pandemic levels, with about as many homes for sale

We read every month of Rio Verde’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 91 sales.

If you’re buying in Rio Verde

  • Shop in January. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
  • You can negotiate. 23% of listings have cut their price, against 18% before the pandemic.
  • Offer under asking. Buyers paid 95.7% of the list price on average; 2% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 112 days.
Best time to buy

Fall brings the homes; spring brings the bidding wars

October has the most new listings (about 24 a month), but April is the most competitive: 13% of April sales close over asking. January offers nearly as much choice with fewer homes bid up (7%). August has the least competition (4%) but only about 8 new listings.

New listings a monthShare sold over asking
06.312.518.8257%13%20%Sweet spotJan: 21 new listings a month, 7% sold over asking, 71 days to sellJFeb: 18 new listings a month, 12% sold over asking, 74 days to sellFMar: 13 new listings a month, 8% sold over asking, 116 days to sellMApr: 12 new listings a month, 13% sold over asking, 71 days to sellAMay: 8 new listings a month, 12% sold over asking, 85 days to sellMJun: 6 new listings a month, 9% sold over asking, 113 days to sellJJul: 7 new listings a month, 10% sold over asking, 105 days to sellJAug: 8 new listings a month, 4% sold over asking, 140 days to sellASep: 18 new listings a month, 6% sold over asking, 113 days to sellSOct: 24 new listings a month, 7% sold over asking, 112 days to sellONov: 15 new listings a month, 11% sold over asking, 60 days to sellNDec: 11 new listings a month, 6% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Arizona

Rio Verde now2017–192021 peakAZ now
Sold over askingShare of sales that closed above the list price2%3%26%13%
Gone within two weeksShare of homes under contract within 14 days22%19%44%22%
Listings with a price cutShare of homes for sale that cut their price23%18%13%29%
Price paid vs. askingAverage sale price ÷ list price95.7%96.2%98.8%97.8%
Days to sellMedian days from listing to contract112995367
Supply

57 homes for sale on a typical day

That’s 3.5 times the 2022 low (16), 14% fewer than in 2017–19 and well under 2012’s 94.

2012: 94 for sale’122013: 91 for sale2014: 87 for sale2015: 85 for sale’152016: 87 for sale2017: 86 for sale2018: 60 for sale’182019: 54 for sale2020: 53 for sale2021: 20 for sale’212022: 16 for sale2023: 27 for sale2024: 43 for sale’242025: 57 for saleLast 12 months: 57 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 18% in 2017–19 and 29% across Arizona. More sellers are pricing high and coming down.

2015: 14%’152016: 16%2017: 16%2018: 22%’182019: 14%2020: 15%2021: 13%’212022: 19%2023: 19%2024: 20%’242025: 18%Last 12 months: 23%Now
Across Arizona

Rio Verde ranks 96th of 97 busy Arizona markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Rio Verde is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Rio Verde home costs about $4,145 a month

Mortgage
Property tax
Insurance
Rent

Price: Rio Verde’s typical sale, last 12 months. Property tax at Rio Verde’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Rio Verde is affordable on local pay is on Cost of living.

Before you buy in Rio Verde

Six things worth knowing

24

New listings in October

The month with the most choice. June has the fewest, about 6.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $734K home, about $3,780 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Rio Verde, from test results, graduation and how much students grow.

Schools in Rio Verde
29 min

Typical commute

The average one-way trip to work for people who live in Rio Verde.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mesa sells for less a square foot; Scottsdale, Carefree, Cave Creek and Paradise Valley for far more

The busier markets within 25 miles of Rio Verde, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Scottsdale5,593$914K$4297%68
Mesa5,539$462K$26214%59
Fountain Hills679$697K$3418%67
Paradise Valley296$4.6M$8764%80
Carefree142$1.2M$4023%91
Cave Creek130$1.1M$4135%91
Rio Verde91$734K$3092%112

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Rio Verde, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Rio Verde. People who follow the town see it, and so do people comparing Rio Verde with their own town. No commission, no listing fee.

Questions about buying a home in Rio Verde

What do homes sell for in Rio Verde, AZ?

91 homes sold in the year to May 2026 at a typical $734K, $309 a square foot.

Is Rio Verde a buyer’s or seller’s market?

A seller’s market: 47 homes were for sale in May 2026 and 15 sold, about 3.1 months of supply. Buyers paid 95.7% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Rio Verde?

October brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Rio Verde?

About 0.5% of a home’s value a year. On a $734K home that’s near $3,780.

Where can I see homes for sale in Rio Verde?

Zillow, Redfin, Realtor.com and Homes.com all carry Rio Verde’s MLS listings; the search links above open each one filtered to Rio Verde.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).