Housing Prices in South Rio Arriba, NM

How much do homes in South Rio Arriba, NM cost?

Median List Price

$350,000

$212/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$25,000(-6.7%)

Key Takeaway

The list price of homes in South Rio Arriba has decreased by 6.7% since last year.

Summary: The median home list price in South Rio Arriba was $350,000 in May 2024, down 6.7% from the previous year, and the median price per square foot was $212.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $248K$235K
-5.2%
3 $345K$347.5K
+0.7%
4 $530K$600K
+13.2%
5+ $1.2M$867.5K
-30.6%

Summary: South Rio Arriba housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 30.6%.

Median List Price Compared To Nearby Cities

Alcalde
+33.3%
Ohkay Owingeh
+13.1%
Espanola
-4.1%
South Rio Arriba
-6.7%

Housing Supply in South Rio Arriba, NM

How many homes are available in South Rio Arriba, NM?

Number of Homes For Sale

Apr 2024May 2024CHANGE
119-18.2%

Summary: The South Rio Arriba real estate market had 9 homes for sale in May 2024, a 18.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 53
-40.0%
4 00
0.0%
5+ 33
0.0%

Summary: The South Rio Arriba housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for South Rio Arriba, NM

How long does it take to sell a home in South Rio Arriba, NM?

Average Listing Age

May 2023May 2024CHANGE
211 Days109 Days-48.5%

Summary: Homes in South Rio Arriba had an average listing age of 109 days in May 2024, down by 48.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in South Rio Arriba, NM

Nearby Markets to South Rio Arriba, NM

What housing markets are near South Rio Arriba, NM?