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Featured local agent — Rio Verde, AZ
Sarah Mitchell
Compass Real Estate · Rio Verde, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rio Verde, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$595,000median sale price
How is the Rio Verde, AZ housing market right now?
The median home sale price in Rio Verde, AZ is $595,000, down 16.3% year-over-year. Homes sell in an average of 177 days with 47 active listings. The market is currently a leaning buyer's. (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 Verde a buyer's or seller's market?
Rio Verde, AZ is currently a leaning buyer's, based on 3.1 months of supply and homes selling in about 177 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
177
Average pace
Active listings
47
3.1 months supply
Sale-to-list
94.5%
Below asking
What does the Rio Verde housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $595,000 |
| Median list price | $765,000 |
| Year-over-year price change | -16.3% |
| Average days on market | 177 days |
| Active inventory | 47 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 94.5% |
| Median price per sq ft | $303/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 5 |
| Listings with a price cut | 34.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Rio Verde by property type?
How the Rio Verde, 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 | $647,500 | $298/sq ft | 10 | 152 days |
| Townhouse | $445,000 | $303/sq ft | 5 | 194 days |
Source: Redfin · Updated monthly
The Rio Verde housing market is currently classified as a leaning buyer's with a median sale price of $595,000. Prices have fallen 16.3% compared to last year, with homes spending an average of 177 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Rio Verde
There are currently 47 homes listed for sale in Rio Verde, Arizona. The median listing price is $765K.
Active listings
47
Homes on market
Median list price
$765K
Avg. days on market
177
Days until sale
New this week
5
Newly listed
Who lives in Rio Verde?
Population
2,271
Median income
$141,020/yr
Median age
72 years
Owner-occupied
99.1%
College grads
68.6%
Avg commute
25.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Rio Verde?
Zillow home value
$835,940
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Rio Verde?
Rio Verde is a community of approximately 2K residents with a median age of 72 years.The median household income is $141,020, which reflects a relatively affluent area with strong earning potential. 68.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 99.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rio Verde offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rio Verde, AZ?
Want a head-to-head view? Compare Rio Verde side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rio Verde?
The median home sale price in Rio Verde is $595,000, down 16.3% from last year.
How long do homes stay on market in Rio Verde?
Homes typically spend 177 days on market before going under contract.
What is the median income in Rio Verde?
The median household income is $141,020 per year.
Is Rio Verde a buyer's or seller's market?
With 3.1 months of supply, Rio Verde is currently a leaning buyer's.
What is the Zillow home value estimate for Rio Verde?
The Zillow Home Value Index (ZHVI) for Rio Verde is $835,940, representing the typical home value in the area.
How much does a single-family home cost in Rio Verde?
The median single-family home price in Rio Verde, AZ is $647,500 (about $298 per square foot).
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