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Featured local agent — Rio Rico, AZ
Sarah Mitchell
Compass Real Estate · Rio Rico, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rio Rico, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$272,000median sale price
How is the Rio Rico, AZ housing market right now?
The median home sale price in Rio Rico, AZ is $272,000, down 5.4% year-over-year. Homes sell in an average of 101 days with 155 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rio Rico a buyer's or seller's market?
Rio Rico, AZ is currently a buyer's market, based on 5.5 months of supply and homes selling in about 101 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
101
Average pace
Active listings
155
5.5 months supply
Sale-to-list
98.6%
Below asking
What does the Rio Rico housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $272,000 |
| Median list price | $299,000 |
| Year-over-year price change | -5.4% |
| Average days on market | 101 days |
| Active inventory | 155 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 28 |
| New listings (latest month) | 29 |
| Listings with a price cut | 21.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Rio Rico by property type?
How the Rio Rico, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $272,000 | $177/sq ft | 28 | 101 days |
| Condo / Co-op | $195,000 | $129/sq ft | 1 | 205 days |
Source: Redfin · Updated monthly
The Rio Rico housing market is currently classified as a buyer's market with a median sale price of $272,000. Prices have fallen 5.4% compared to last year, with homes spending an average of 101 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Rio Rico
There are currently 155 homes listed for sale in Rio Rico, Arizona. The median listing price is $299K.
Active listings
155
Homes on market
Median list price
$299K
Avg. days on market
101
Days until sale
New this week
29
Newly listed
Who lives in Rio Rico?
Population
21,798
Median income
$63,692/yr
Median age
34.3 years
Owner-occupied
82.4%
College grads
24.4%
Avg commute
27.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Rio Rico?
Zillow home value
$271,087
Zillow rent index
$1,407/mo
Price-to-rent ratio
16.1x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Rio Rico?
Rio Rico is a community of approximately 22K residents with a median age of 34.3 years.The median household income is $63,692, which represents a working-class community with solid middle-income opportunities. 24.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rio Rico offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Rio Rico?
7 schools tracked · 3,621 students
The largest public schools serving Rio Rico, AZ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Rio Rico High School
Grades 9-12 · 1,403 students
Calabasas School
Grades PK-8 · 982 students
Coatimundi Middle School
Grades 6-8 · 446 students
San Cayetano Elementary School
Grades K-5 · 404 students
Mountain View School
Grades K-5 · 386 students
PCJTED - Rio Rico High School
Grades 9-12
Santa Cruz Valley Digital Learning Program
Grades K-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Rio Rico, AZ?
Want a head-to-head view? Compare Rio Rico side-by-side with any other U.S. city using our market-comparison tool.
Is Rio Rico a good real estate investment market?
For investors evaluating Rio Rico, the price-to-rent ratio of 16.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Rio Rico's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Rio Rico's median home price.
Frequently asked questions
What is the average home price in Rio Rico?
The median home sale price in Rio Rico is $272,000, down 5.4% from last year.
How long do homes stay on market in Rio Rico?
Homes typically spend 101 days on market before going under contract.
What is the median income in Rio Rico?
The median household income is $63,692 per year.
Is Rio Rico a buyer's or seller's market?
With 5.5 months of supply, Rio Rico is currently a buyer's market.
What is the Zillow home value estimate for Rio Rico?
The Zillow Home Value Index (ZHVI) for Rio Rico is $271,087, representing the typical home value in the area.
What is the median condo price in Rio Rico?
The median condo/co-op sale price in Rio Rico, AZ is $195,000, compared to $272,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rio Rico?
The median single-family home price in Rio Rico, AZ is $272,000 (about $177 per square foot).
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