House Prices

North Hills Rio Rancho, NM House Prices & Home Values 2026


Average Data

average house price$263,548
average size per house1822 ft²
average price per ft²133 $ / ft²

04/16/2026 - The value range (VR) for house prices in North Hills Rio Rancho, NM is $120/ sqft to $137/ sqft. An average home with 1822 sqft costs approximately $200,493 to $228,897. Rio Rancho, NM includes 2 ZIP codes and it is located in Sandoval county. The lowest prices are found in ZIP 87124, while the highest are in ZIP 87144. The average price per sqare feet is $133. Our analysis is based on 31 property listings.

Avergage prices by ZIP codes North Hills Rio Rancho

87124120 $ / ft²
87144137 $ / ft²




Historical development of home values in North Hills Rio Rancho

Year Estimated value (USD) Change vs. 2025
2010 $122,396 -53.6%
2011 $117,663 -55.4%
2012 $117,347 -55.5%
2013 $121,733 -53.8%
2014 $127,786 -51.5%
2015 $134,344 -49.0%
2016 $141,355 -46.4%
2017 $148,985 -43.5%
2018 $157,221 -40.3%
2019 $164,511 -37.6%
2020 $173,016 -34.4%
2021 $196,787 -25.3%
2022 $229,409 -13.0%
2023 $241,923 -8.2%
2024 $255,918 -2.9%
2025 $263,548 0.0%

Graph: estimated home values in North Hills Rio Rancho over time (USD)



Example: 100% financing house in North Hills Rio Rancho

Loan amount: $263,548

Interest rate: 5.50%

Fixed monthly payment: $1,496.73

Breakdown in the 1st month:
Interest portion: $1,208.37  –  Principal portion: $288.36

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,411.80 $3,548.92 $259,999.08
2 $14,211.54 $3,749.19 $256,249.89
3 $13,999.98 $3,960.75 $252,289.14
4 $13,776.48 $4,184.25 $248,104.89
5 $13,540.37 $4,420.36 $243,684.53
6 $13,290.93 $4,669.80 $239,014.73
7 $13,027.42 $4,933.31 $234,081.42
8 $12,749.04 $5,211.69 $228,869.73
9 $12,454.95 $5,505.78 $223,363.95
10 $12,144.26 $5,816.47 $217,547.48
11 $11,816.04 $6,144.68 $211,402.80
12 $11,469.31 $6,491.42 $204,911.38
13 $11,103.00 $6,857.72 $198,053.66
14 $10,716.03 $7,244.70 $190,808.96
15 $10,307.22 $7,653.51 $183,155.45
16 $9,875.34 $8,085.39 $175,070.06
17 $9,419.09 $8,541.64 $166,528.43
18 $8,937.10 $9,023.63 $157,504.80
19 $8,427.90 $9,532.82 $147,971.97
20 $7,889.98 $10,070.75 $137,901.22
21 $7,321.69 $10,639.03 $127,262.19
22 $6,721.35 $11,239.38 $116,022.81
23 $6,087.12 $11,873.61 $104,149.20
24 $5,417.11 $12,543.62 $91,605.58
25 $4,709.28 $13,251.45 $78,354.13
26 $3,961.52 $13,999.21 $64,354.92
27 $3,171.56 $14,789.17 $49,565.75
28 $2,337.02 $15,623.71 $33,942.05
29 $1,455.39 $16,505.33 $17,436.71
30 $524.02 $17,436.71 $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 North Hills Rio Rancho, NM


1500 sqft3900 sqft
Ø selling price$221,360$470,892
Ø fast selling$201,236$423,803
Ø high price sale$241,483$517,981

In 2026, houses in North Hills Rio Rancho, NM will be offered at an average price of $133 per square foot. A 1,500 sqft home priced at $221,360 is 21.09% more expensive per square foot than a 3,900 sqft home priced at $470,892. Home prices in North Hills 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 $326,002. Sellers who can wait longer may achieve a higher price of up to $398,447.


North Hills in Rio Rancho, NM

Overview

The North Hills neighborhood in Rio Rancho, NM blends a quiet residential feel with convenient city access for an easy Southwestern lifestyle.
Home shoppers searching for North Hills Rio Rancho homes for sale appreciate its value, mountain views, and everyday livability.

Location and Lifestyle

Located near Northern Boulevard and Unser Boulevard, North Hills offers quick routes to shopping, dining, and services throughout Rio Rancho and nearby Albuquerque.
Residents enjoy colorful sunsets and long-range Sandia Mountains vistas that define the area?s high-desert charm.

Homes and Real Estate

Housing in North Hills is primarily single-family, featuring stucco exteriors, practical floor plans, and private yards suited to pets, gardening, and play.
The neighborhood?s value-oriented price points and typical Rio Rancho property taxes make ownership attainable for first-time buyers and move-up households.

Schools and Community

North Hills is served by Rio Rancho Public Schools, with nearby options for elementary, middle, and high school attendance zones.
A friendly, walkable vibe?morning joggers, dog walkers, and neighbors chatting?underscores the community?s family-forward atmosphere.

Parks, Commute, and Amenities

Recreation is close at hand with city parks, multipurpose trails, and easy drives to the Rio Rancho Sports Complex, the Corrales bosque, and the Sandia foothills for hiking and biking.
Commuters value access to Unser Boulevard, NM-528, and US-550, while everyday amenities like libraries, gyms, and healthcare?including major medical centers in Rio Rancho?are just minutes away.



FAQ – Home Values in North Hills Rio Rancho

What is the median home value in North Hills Rio Rancho in 2026?

In 2026, the typical home value in North Hills Rio Rancho is about $263,548 for an average home size of 1822 square feet. This corresponds to an average price of roughly $133 per square foot.

What is the average cost per square foot in North Hills Rio Rancho?

In 2026, homes in North Hills Rio Rancho sell for an average of around $133 per square foot, with a typical range between $120 and $137 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in North Hills?

The average home size in North Hills Rio Rancho is about 1822 square feet, with an estimated 2026 value around $263,548.



Neighborhoods close to North Hills Rio Rancho, NM

Downtown Gallup Gallup, NM133 $ / ft²
El Potrero Chimayo, NM327 $ / ft²
La Huerta Carlsbad, NM110 $ / ft²
Cabezon Rio Rancho, NM127 $ / ft²




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