In the beautiful area of Rio Rancho you’ll be in good company with around 108,033 residents with around 80% of those homeowners. With an average age of 38, the residents of Rio Rancho are well established, made up of families of all age groups. Though fairly kicked back throughout the week, during weekends and holidays, you can see a lot more activity and excitement. Over the recent months roughly 329 homes have been sold with an average sold price of $304,921. That is a decrease of $57,509 from the previous period.