Ruidoso, NM Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $359,000 |
| Median list price | $399,000 |
| Year-over-year price change | +5.7% |
| Average days on market | 108 days |
| Active inventory | 211 listings |
| Months of supply | 30.1 months |
| Market condition | Buyer'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
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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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