Ruidoso, NM Housing Market & Real Estate

Buyer's market+5.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Ruidoso, NM is $359,000, up 5.7% year-over-year. Homes sell in an average of 108 days with 211 active listings. The market is currently a buyer's market.

$359,000median sale price

Is Ruidoso a buyer's or seller's market?

Buyer's market30.1 months of supply108 avg. days on market

Ruidoso, NM is currently a buyer's market, based on 30.1 months of supply and homes selling in about 108 days. How we determine this →

Homes sold

7

Last 12 weeks

Days on market

108

Average pace

Active listings

211

30.1 months supply

Sale-to-list

Below asking

Ruidoso, NM market data

Current housing market statistics for Ruidoso, NM
MetricValue
Median sale price$359,000
Median list price$399,000
Year-over-year price change+5.7%
Average days on market108 days
Active inventory211 listings
Months of supply30.1 months
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Ruidoso

There are currently 211 homes listed for sale in Ruidoso, New Mexico. The median listing price is $399K.

Active listings

211

Homes on market

Median list price

$399K

Avg. days on market

108

Days until sale

New this week

43

Newly listed

Price drops:17.5%of listings

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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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