El Rancho Real Estate Market

El Rancho Market

The median sale price for homes in El Rancho over the last 12 months is $198,500.


The median mortgage debt is $169,125.

Additional Statistics for Single Family Homes and Condos in El Rancho, NM
El Rancho, NM Price Trends - Sold vs. Listed
The median list price in January for single family homes in El Rancho was $675,000. The list prices increased by 36.36% from the previous month.

The price per square foot for listings in this area is $289.

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El Rancho, NM Market Inventory Trends

The number of active listings in El Rancho dropped by 50% from the previous month.

The median number of days active properties have been listed is 352. This is much longer than the national average.

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El Rancho, NM Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.