Ruidoso Downs, NM

Buyer's market-87.6% YoY

Housing market overview · Updated weekly

$148,500median sale price

Homes sold

1

Last 12 weeks

Days on market

189

Average pace

Active listings

7

7.0 months supply

Sale-to-list

Below asking

The Ruidoso Downs housing market is currently classified as a buyer's market with a median sale price of $148,500. Prices have fallen 87.6% compared to last year, with homes spending an average of 189 days on market, indicating 7.0 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 Downs

There are currently 7 homes listed for sale in Ruidoso Downs, New Mexico. The median listing price is $325K.

Active listings

7

Homes on market

Median list price

$325K

Avg. days on market

189

Days until sale

New this week

1

Newly listed

Price drops:71.4%of listings

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Frequently asked questions

What is the average home price in Ruidoso Downs?

The median home sale price in Ruidoso Downs is $148,500, down 87.6% from last year.

How long do homes stay on market in Ruidoso Downs?

Homes typically spend 189 days on market before going under contract.

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

With 7.0 months of supply, Ruidoso Downs is currently a buyer's market.

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