Ruidoso, NM housing market
The typical Ruidoso home is worth about $320,000, down 3.9% in a year, close to the New Mexico typical home. Homes typically sell in 49 days.
Home values, sales, trends and how Ruidoso compares with the towns next door — updated as new data is published.
Ruidoso at a glance
A buyer's market
More homes are for sale than are selling — about 16 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Ruidoso | New Mexico |
|---|---|---|
| 2017 | $222,000 | $178,000 |
| 2018 | $236,000 | $184,000 |
| 2019 | $254,000 | $193,000 |
| 2020 | $244,000 | $205,000 |
| 2021 | $278,000 | $229,000 |
| 2022 | $322,000 | $263,000 |
| 2023 | $345,000 | $287,000 |
| 2024 | $344,000 | $302,000 |
| 2025 | $339,000 | $313,000 |
| 2026 | $333,000 | $315,000 |
| August 2026 | $320,000 | $318,000 |
111 new homes permitted in 2025
Builders were permitted 111 new homes in Ruidoso in 2025, all single-family houses, worth about $54.6 million to build. That's 14 per 1,000 residents, faster than across New Mexico (5.2). Over the past 10 years, Ruidoso has permitted 800 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Ruidoso's population fell by 350 even though 629 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 44% of Ruidoso's homes are seasonal or vacation homes, which adds housing without adding residents. Across New Mexico: 1.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 52 | 52 | 0 | $26.3 million |
| 2025 | 111 | 111 | 0 | $54.6 million |
| 2024 | 89 | 85 | 4 | $46.1 million |
| 2023 | 79 | 79 | 0 | $30.8 million |
| 2022 | 73 | 73 | 0 | $32.4 million |
| 2021 | 88 | 86 | 2 | $31 million |
| 2020 | 61 | 61 | 0 | $22.6 million |
| 2019 | 64 | 64 | 0 | $19.1 million |
| 2018 | 87 | 87 | 0 | $29.7 million |
| 2017 | 78 | 78 | 0 | $19.7 million |
| 2016 | 70 | 70 | 0 | $17.7 million |
| 2015 | 61 | 61 | 0 | $15.3 million |
| 2014 | 59 | 59 | 0 | $15.2 million |
| 2013 | 63 | 63 | 0 | $14.1 million |
| 2012 | 49 | 49 | 0 | $8.6 million |
| 2011 | 45 | 45 | 0 | $7.9 million |
| 2010 | 53 | 53 | 0 | $9.3 million |
| 2009 | 63 | 57 | 6 | $10.2 million |
| 2008 | 93 | 90 | 3 | $15.9 million |
| 2007 | 178 | 163 | 15 | $29.1 million |
| 2006 | 204 | 195 | 9 | $34.7 million |
| 2005 | 274 | 256 | 18 | $44.7 million |
| 2004 | 239 | 222 | 17 | $38.8 million |
| 2003 | 195 | 182 | 13 | $31.7 million |
| 2002 | 184 | 180 | 4 | $31.5 million |
| 2001 | 155 | 145 | 10 | $26.2 million |
| 2000 | 180 | 168 | 12 | $27.5 million |
How Ruidoso ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Ruidoso and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Ruidoso | $320K | −3.9% | $1,030 | 111 | $52,736 |
| Ruidoso Downs | $223K | −0.7% | $970 | 0 | $31,354 |
6.1 years of income
The typical Ruidoso home costs about 6.1 years of the town's median household income, more than across New Mexico (5 years).
How Ruidoso ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,030
HUD's Fair Market Rent for a two-bedroom in Ruidoso is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ruidoso pay a median of $944. A two-bedroom takes about 23% of the town's median household income.
Studio $840 · 4 bedrooms $1,670
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (88312, 88345; Lincoln County, NM), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.