Market Overview
Home Prices in Rio Rico, AZ
The median home value in Rio Rico, AZ is $273,856 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rio Rico are priced33% below average. Rio Rico is part of the Nogales, AZ metro area.
Over the past five years, Rio Rico home values have risen by approximately25.5%, reflecting strong long-term appreciation in this market.
Price History
Rio Rico Home Price Trend
City Comparison
Rio Rico vs. National Median
At $273,856, homes in Rio Rico cost 33% below the national median of $410,000. This makes Rio Rico a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rio Rico?
20% Down Payment
$54,771
on $273,856
Monthly P&I
$1,428/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,814/mo
incl. taxes & insurance
Income Needed
$72,560
gross annual (30% rule)
10% Down Option
$27,386
+ PMI applies
Loan Amount (20% dn)
$219,085
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rio Rico, AZ?
The median home value in Rio Rico is $273,856 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Rio Rico?
Over the past year, home values in Rio Rico have increased by 1.2%. Over five years, prices have risen approximately 25.5%.
How much do I need to earn to buy a home in Rio Rico?
To comfortably afford the median home price of $273,856 with a 20% down payment ($54,771) at today's rates (6.8%), you'd need a gross annual income of approximately $72,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Rio Rico compare to the national average home price?
The national median home value is approximately $410,000. At $273,856, homes in Rio Rico are 33% below the national average.
What metro area is Rio Rico part of?
Rio Rico is part of the Nogales, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.