House Prices

House Prices & Home Values Ruidoso Downs, NM 2026


Average Data

average house price$220,800
average size per house1556 ft²
average price per ft²142 $ / ft²

04/17/2026 - The value range (VR) for house prices in Ruidoso Downs, NM is $106/ sqft to $106/ sqft. An average home with 1556 sqft costs approximately $164,936 to $164,936. Ruidoso Downs, NM includes 1 ZIP codes and it is located in Lincoln county. The lowest prices are found in ZIP 88346, while the highest are in ZIP 88346. The average price per sqare feet is $142. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Ruidoso Downs

88346115 $ / ft²




Historical development of home values in Ruidoso Downs

Year Estimated value (USD) Change vs. 2025
2010 $102,544 -53.6%
2011 $98,578 -55.4%
2012 $98,313 -55.5%
2013 $101,987 -53.8%
2014 $107,059 -51.5%
2015 $112,553 -49.0%
2016 $118,427 -46.4%
2017 $124,819 -43.5%
2018 $131,720 -40.3%
2019 $137,827 -37.6%
2020 $144,952 -34.4%
2021 $164,868 -25.3%
2022 $192,199 -13.0%
2023 $202,683 -8.2%
2024 $214,408 -2.9%
2025 $220,800 0.0%

Graph: estimated home values in Ruidoso Downs over time (USD)



Example: 100% financing house in Ruidoso Downs

Loan amount: $220,800

Interest rate: 6.00%

Fixed monthly payment: $1,323.81

Breakdown in the 1st month:
Interest portion: $1,104.00  –  Principal portion: $219.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,174.24 $2,711.45 $218,088.55
2 $13,007.00 $2,878.69 $215,209.86
3 $12,829.45 $3,056.24 $212,153.63
4 $12,640.95 $3,244.74 $208,908.89
5 $12,440.82 $3,444.87 $205,464.02
6 $12,228.35 $3,657.34 $201,806.68
7 $12,002.77 $3,882.92 $197,923.76
8 $11,763.28 $4,122.41 $193,801.36
9 $11,509.02 $4,376.67 $189,424.69
10 $11,239.08 $4,646.61 $184,778.08
11 $10,952.49 $4,933.20 $179,844.88
12 $10,648.22 $5,237.47 $174,607.41
13 $10,325.18 $5,560.51 $169,046.90
14 $9,982.22 $5,903.47 $163,143.43
15 $9,618.11 $6,267.58 $156,875.85
16 $9,231.54 $6,654.15 $150,221.70
17 $8,821.13 $7,064.57 $143,157.13
18 $8,385.40 $7,500.29 $135,656.84
19 $7,922.80 $7,962.89 $127,693.95
20 $7,431.66 $8,454.03 $119,239.92
21 $6,910.24 $8,975.45 $110,264.46
22 $6,356.65 $9,529.04 $100,735.43
23 $5,768.92 $10,116.77 $90,618.66
24 $5,144.94 $10,740.75 $79,877.90
25 $4,482.47 $11,403.22 $68,474.69
26 $3,779.15 $12,106.54 $56,368.15
27 $3,032.44 $12,853.25 $43,514.90
28 $2,239.68 $13,646.01 $29,868.89
29 $1,398.03 $14,487.66 $15,381.23
30 $504.46 $15,381.23 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Ruidoso Downs, NM


1500 sqft3900 sqft
Ø selling price$257,731$548,262
Ø fast selling$234,301$493,436
Ø high price sale$281,160$603,089

In 2026, houses in Ruidoso Downs, NM will be offered at an average price of $142 per square foot. A 1,500 sqft home priced at $257,731 is 24.86% more expensive per square foot than a 3,900 sqft home priced at $548,262. Home prices in Ruidoso Downs, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $379,567. Sellers who can wait longer may achieve a higher price of up to $463,915.


Ruidoso Downs, New Mexico Travel Guide

Horse Racing and Entertainment

Ruidoso Downs, New Mexico, is best known for the Ruidoso Downs Race Track and its world-class Quarter Horse racing heritage. Each Labor Day weekend, the prestigious All American Futurity draws fans for record purses and thrilling finishes.
Adjacent entertainment at the Billy the Kid Casino adds slots, dining, and nightlife steps from the grandstand.

Outdoors and Attractions

Set against pine-covered Sierra Blanca and near Lincoln National Forest, Ruidoso Downs offers quick access to hiking, mountain biking, and scenic drives. Travelers can cruise the Billy the Kid Scenic Byway, tour historic Lincoln, and experience Mescalero Apache arts and traditions at nearby venues.
Mild summers and crisp, sunny winters make it a four-season base for fishing, golfing, and day trips to Ski Apache just up the mountain.

Lodging, Dining, and Tips

The village features a range of accommodations, from budget-friendly motels along US-70 to cabins and family resorts close to the track. Locally loved eateries serve New Mexican staples like green chile enchiladas, breakfast burritos, and craft brews perfect after a day outdoors.
For the best experience, book race-weekend rooms early, arrive before post time to avoid traffic, and check event calendars for concerts and festivals. Whether you come for fast horses, mountain views, or Southwestern culture, Ruidoso Downs delivers a memorable, easy-to-reach getaway in southern New Mexico.



FAQ – Home Values in Ruidoso Downs

What is the median home value in Ruidoso Downs in 2026?

In 2026, the typical home value in Ruidoso Downs is about $220,800 for an average home size of 1556 square feet. This corresponds to an average price of roughly $142 per square foot.

What is the average cost per square foot in Ruidoso Downs?

In 2026, homes in Ruidoso Downs sell for an average of around $142 per square foot, with a typical range between $106 and $106 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Ruidoso Downs is about 1556 square feet, with an estimated 2026 value around $220,800.



Locations close to Ruidoso Downs, NM

Sacramento, NM105 $ / ft²
San Patricio, NM552 $ / ft²
Sunspot, NM271 $ / ft²
Ruidoso, NM182 $ / ft²
Pinon, NM166 $ / ft²
Picacho, NM261 $ / ft²
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