Housing Prices in Rio Rico, AZ

How much do homes in Rio Rico, AZ cost?

Median List Price

$298,000

$177/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$8,100(+2.8%)

Key Takeaway

The list price of homes in Rio Rico has increased by 2.8% since last year.

Summary: The median home list price in Rio Rico was $298,000 in February 2024, up 2.8% from the previous year, and the median price per square foot was $177.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $280K$302.5K
+8.0%
3 $282K$295K
+4.6%
4 $385K$374.9K
-2.6%
5+ -$495K
N/A

Summary: Rio Rico housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Tubac
+30.3%
Rio Rico
+2.8%

Housing Supply in Rio Rico, AZ

How many homes are available in Rio Rico, AZ?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
91125+37.4%

Summary: The Rio Rico real estate market had 125 homes for sale in February 2024, a 37.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 6895
+39.7%
4 2126
+23.8%
5+ 12
+100.0%

Summary: The Rio Rico housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 39.7%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 100%.

Days on Market for Rio Rico, AZ

How long does it take to sell a home in Rio Rico, AZ?

Average Listing Age

Feb 2023Feb 2024CHANGE
163 Days97 Days-40.4%

Summary: Homes in Rio Rico had an average listing age of 97 days in Feb 2024, down by 40.4% compared to the previous year.

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

Report Updated 28 Days Ago

Newest Listings in Rio Rico, AZ

Nearby Markets to Rio Rico, AZ

What housing markets are near Rio Rico, AZ?