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Housing in Rio Communities

75 homes sold in Rio Communities in the last year, at a typical $273K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Rio Communities homes are listed.

Homes for sale in Rio CommunitiesZillowRedfinRealtor.comMore places to look ↓
Homes sold
75
October 2025 to September 2026
Typical sale price
$273K
median, weighted by sales
Price per square foot
$159
New Mexico $211
Paid vs. asking
98.1%
14% sold over asking
For sale now
12
September 2026 · 5 sold that month
What sold · last 12 months

Houses are 0% of Rio Communities’ sales, at a typical — (year to May 2026)

75 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.6 times the 2016 price

75 sales in the last year, against 106 in 2022 and a low of 38 in 2012. The typical sale went from $105K in 2016 to $273K.

Homes soldTypical sale price
03775112150$75K$150K$225K$300K2012: 38 sold, typical $101K’122013: 52 sold, typical $98K2014: 66 sold, typical $91K’142015: 76 sold, typical $97K2016: 81 sold, typical $105K’162017: 84 sold, typical $111K2018: 96 sold, typical $126K’182019: 90 sold, typical $138K2020: 93 sold, typical $157K’202021: 98 sold, typical $179K2022: 106 sold, typical $206K’222023: 71 sold, typical $238K2024: 69 sold, typical $244K’242025: 69 sold, typical $268KLast 12 months: 75 sold, typical $273KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Rio Communities are back to pre-pandemic levels, but 39% fewer homes come up for sale

We read every month of Rio Communities’ 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 September 2026, 75 sales.

If you’re buying in Rio Communities

  • Shop in March. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Bid near asking. Buyers paid 98.1% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 49 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 10 a month), but May is the most competitive: 25% of May sales close over asking. March and April offer nearly as much choice with fewer homes bid up (18%). February has the least competition (15%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 6 new listings a month, 18% sold over asking, 58 days to sellJFeb: 7 new listings a month, 15% sold over asking, 67 days to sellFMar: 9 new listings a month, 18% sold over asking, 68 days to sellMApr: 9 new listings a month, 21% sold over asking, 72 days to sellAMay: 9 new listings a month, 25% sold over asking, 58 days to sellMJun: 9 new listings a month, 23% sold over asking, 48 days to sellJJul: 10 new listings a month, 23% sold over asking, 48 days to sellJAug: 10 new listings a month, 24% sold over asking, 44 days to sellASep: 9 new listings a month, 24% sold over asking, 49 days to sellSOct: 8 new listings a month, 22% sold over asking, 50 days to sellONov: 7 new listings a month, 20% sold over asking, 54 days to sellNDec: 6 new listings a month, 18% sold over asking, 52 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than New Mexico

Rio Communities now2017–192021 peakNM now
Sold over askingShare of sales that closed above the list price14%10%47%7%
Gone within two weeksShare of homes under contract within 14 days22%15%52%25%
Price paid vs. askingAverage sale price ÷ list price98.1%96.6%100.7%97.8%
Days to sellMedian days from listing to contract49621562
Supply

17 homes for sale on a typical day

That’s 7 times the 2013 low (2), 39% fewer than in 2017–19 and well under 2015’s 54.

2013: 2 for sale’132014: 20 for sale2015: 54 for sale2016: 39 for sale’162017: 34 for sale2018: 28 for sale2019: 21 for sale’192020: 13 for sale2021: 12 for sale2022: 13 for sale’222023: 9 for sale2024: 15 for sale2025: 19 for sale’25Last 12 months: 17 for saleNow
Across New Mexico

Rio Communities ranks 8th of 36 busy New Mexico markets for bidding wars

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

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Rio Communities home costs about $1,553 a month

Mortgage
Property tax
Insurance
Rent

Price: Rio Communities’ typical sale, last 12 months. Property tax at Rio Communities’ 0.6% (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 Communities is affordable on local pay is on Cost of living.

Before you buy in Rio Communities

Six things worth knowing

10

New listings in August

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

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $273K home, about $1,540 a year.

Taxes vs. neighbors
C

Schools

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

Schools in Rio Communities
25 min

Typical commute

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

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

No busy market nearby sells for less a square foot; El Cerro Mission, Los Lunas and Bosque Farms for far more

The busier markets within 25 miles of Rio Communities, 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
Los Lunas291$343K$20211%74
Belen88$276K$18321%97
Rio Communities75$273K$15914%49
Los Chaves30$412K$19520%58
El Cerro Mission27$290K$2029%81
Bosque Farms22$432K$2315%83

Redfin Data Center, October 2025 to September 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 Communities, free

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

Questions about buying a home in Rio Communities

What do homes sell for in Rio Communities, NM?

75 homes sold in the year to September 2026 at a typical $273K, $159 a square foot.

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

A seller’s market: 12 homes were for sale in September 2026 and 5 sold, about 2.3 months of supply. Buyers paid 98.1% of asking on average.

When is the best time to buy in Rio Communities?

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

How much are property taxes in Rio Communities?

About 0.6% of a home’s value a year. On a $273K home that’s near $1,540.

Where can I see homes for sale in Rio Communities?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).