Ruidoso, NM
Housing market overview · Updated weekly
$359,000median sale price
Homes sold
7
Last 12 weeks
Days on market
108
Average pace
Active listings
211
30.1 months supply
Sale-to-list
—
Below asking
The Ruidoso housing market is currently classified as a buyer's market with a median sale price of $359,000. Prices have risen 5.7% compared to last year, with homes spending an average of 108 days on market, indicating 30.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Ruidoso?
The median home sale price in Ruidoso is $359,000, up 5.7% from last year.
How long do homes stay on market in Ruidoso?
Homes typically spend 108 days on market before going under contract.
Is Ruidoso a buyer's or seller's market?
With 30.1 months of supply, Ruidoso is currently a buyer's market.
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