Welcome to the fantastic area of Rio Rancho! As of the latest US census, around 31,952 call this area home and around 59% are homeowners. With an average age of 41, the residents of Rio Rancho are well established, with many growing families of all ages. However, during weekends and holidays, you can see a lot more activity and excitement. Over the recent months roughly 21 homes have been sold with an average sold price of 659,349. That is a decrease of $89,540 from the previous period.