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Featured local agent — El Rancho, NM
Sarah Mitchell
Compass Real Estate · El Rancho, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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El Rancho, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$399,000median sale price
How is the El Rancho, NM housing market right now?
The median home sale price in El Rancho, NM is $399,000, down 48.2% year-over-year. Homes sell in an average of 435 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is El Rancho a buyer's or seller's market?
El Rancho, NM is currently a seller's market, based on 1.0 months of supply and homes selling in about 435 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
435
Average pace
Active listings
1
1.0 months supply
Sale-to-list
100.0%
Above asking
What does the El Rancho housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $399,000 |
| Year-over-year price change | -48.2% |
| Average days on market | 435 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $156/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in El Rancho by property type?
How the El Rancho, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $399,000 | $156/sq ft | 1 | 435 days |
Source: Redfin · Updated monthly
The El Rancho housing market is currently classified as a seller's market with a median sale price of $399,000. Prices have fallen 48.2% compared to last year, with homes spending an average of 435 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in El Rancho
There are currently 1 homes listed for sale in El Rancho, New Mexico.
Active listings
1
Homes on market
Avg. days on market
435
Days until sale
Who lives in El Rancho?
Population
1,432
Median income
$78,594/yr
Median age
39.2 years
Owner-occupied
77.2%
College grads
33.1%
Avg commute
29.5 min
Source: U.S. Census Bureau ACS
What is it like to live in El Rancho?
El Rancho is a community of approximately 1K residents with a median age of 39.2 years.The median household income is $78,594, which reflects a relatively affluent area with strong earning potential. 33.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, El Rancho offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near El Rancho, NM?
Want a head-to-head view? Compare El Rancho side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in El Rancho?
The median home sale price in El Rancho is $399,000, down 48.2% from last year.
How long do homes stay on market in El Rancho?
Homes typically spend 435 days on market before going under contract.
What is the median income in El Rancho?
The median household income is $78,594 per year.
Is El Rancho a buyer's or seller's market?
With 1.0 months of supply, El Rancho is currently a seller's market.
How much does a single-family home cost in El Rancho?
The median single-family home price in El Rancho, NM is $399,000 (about $156 per square foot).
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