House Prices

Corrales Heights Rio Rancho, NM House Prices & Home Values 2026


Average Data

average house price$295,937
average size per house2031 ft²
average price per ft²155 $ / ft²

04/16/2026 - The value range (VR) for house prices in Corrales Heights Rio Rancho, NM is $147.25/ sqft to $162.75/ sqft. An average home with 2031 sqft costs approximately $316,710 to $350,048. Rio Rancho, NM includes 1 ZIP codes and it is located in Sandoval county. The lowest prices are found in ZIP 87124, while the highest are in ZIP 87124. The average price per sqare feet is $155. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Corrales Heights Rio Rancho

87124138 $ / ft²




Historical development of home values in Corrales Heights Rio Rancho

Year Estimated value (USD) Change vs. 2025
2010 $137,438 -53.6%
2011 $132,124 -55.4%
2012 $131,768 -55.5%
2013 $136,693 -53.8%
2014 $143,490 -51.5%
2015 $150,855 -49.0%
2016 $158,727 -46.4%
2017 $167,294 -43.5%
2018 $176,543 -40.3%
2019 $184,729 -37.6%
2020 $194,279 -34.4%
2021 $220,971 -25.3%
2022 $257,603 -13.0%
2023 $271,654 -8.2%
2024 $287,370 -2.9%
2025 $295,937 0.0%

Graph: estimated home values in Corrales Heights Rio Rancho over time (USD)



Example: 100% financing house in Corrales Heights Rio Rancho

Loan amount: $295,937

Interest rate: 6.35%

Fixed monthly payment: $1,842.20

Breakdown in the 1st month:
Interest portion: $1,566.99  –  Principal portion: $275.21

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,705.94 $3,400.45 $292,536.55
2 $18,483.47 $3,622.92 $288,913.63
3 $18,246.45 $3,859.94 $285,053.69
4 $17,993.92 $4,112.47 $280,941.22
5 $17,724.86 $4,381.53 $276,559.69
6 $17,438.21 $4,668.18 $271,891.51
7 $17,132.80 $4,973.59 $266,917.92
8 $16,807.41 $5,298.98 $261,618.95
9 $16,460.73 $5,645.66 $255,973.29
10 $16,091.37 $6,015.01 $249,958.28
11 $15,697.85 $6,408.54 $243,549.74
12 $15,278.58 $6,827.81 $236,721.93
13 $14,831.88 $7,274.51 $229,447.43
14 $14,355.96 $7,750.43 $221,697.00
15 $13,848.90 $8,257.49 $213,439.51
16 $13,308.67 $8,797.72 $204,641.78
17 $12,733.09 $9,373.30 $195,268.48
18 $12,119.85 $9,986.54 $185,281.95
19 $11,466.50 $10,639.89 $174,642.06
20 $10,770.40 $11,335.99 $163,306.07
21 $10,028.76 $12,077.63 $151,228.44
22 $9,238.60 $12,867.79 $138,360.65
23 $8,396.74 $13,709.64 $124,651.01
24 $7,499.81 $14,606.58 $110,044.43
25 $6,544.20 $15,562.19 $94,482.24
26 $5,526.07 $16,580.32 $77,901.92
27 $4,441.32 $17,665.07 $60,236.85
28 $3,285.61 $18,820.78 $41,416.07
29 $2,054.29 $20,052.10 $21,363.98
30 $742.41 $21,363.98 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Corrales Heights Rio Rancho, NM


1500 sqft3900 sqft
Ø selling price$297,924$633,764
Ø fast selling$270,840$570,388
Ø high price sale$325,008$697,141

In 2026, houses in Corrales Heights Rio Rancho, NM will be offered at an average price of $155 per square foot. A 1,500 sqft home priced at $297,924 is 24.36% more expensive per square foot than a 3,900 sqft home priced at $633,764. Home prices in Corrales Heights Rio Rancho, NM vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $438,760. Sellers who can wait longer may achieve a higher price of up to $536,262.

FAQ – Home Values in Corrales Heights Rio Rancho

What is the median home value in Corrales Heights Rio Rancho in 2026?

In 2026, the typical home value in Corrales Heights Rio Rancho is about $295,937 for an average home size of 2031 square feet. This corresponds to an average price of roughly $155 per square foot.

What is the average cost per square foot in Corrales Heights Rio Rancho?

In 2026, homes in Corrales Heights Rio Rancho sell for an average of around $155 per square foot, with a typical range between $147.25 and $162.75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Corrales Heights?

The average home size in Corrales Heights Rio Rancho is about 2031 square feet, with an estimated 2026 value around $295,937.



Neighborhoods close to Corrales Heights Rio Rancho, NM

Enchanted Hills Rio Rancho, NM161 $ / ft²
Downtown Gallup Gallup, NM133 $ / ft²
El Potrero Chimayo, NM327 $ / ft²
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