Population: 2,770 · Density: 20.5/mi² · Median household income: $29,158
Typical home value: $0 · Homeownership: 66.5%
Data as of January 2026. Source: Realtor.com.
The RUIDOSO DOWNS, NM real estate market (88346) currently shows 12 active listings, with 1 pending sales. Homes are averaging 171 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 171 days on market compared to 159 days last year.
The median listing price has fallen 21.8% year-over-year, from $292,250 to $228,500.
Whether you are buying or selling in RUIDOSO DOWNS, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88346 | Ruidoso Downs, NM 88346 | 0.0 mi | 12 | $3,337,800 | $228,500 | $278,150 |
| 88345 | Ruidoso, NM 88345 | 7.5 mi | 237 | $112,349,850 | $399,000 | $474,050 |
| 88348 | San Patricio, NM 88348 | 9.5 mi | 2 | $860,000 | $430,000 | $430,000 |
| 88338 | Lincoln, NM 88338 | 15.9 mi | 4 | $2,134,000 | $592,500 | $533,500 |
| 88314 | Bent, NM 88314 | 25.5 mi | 1 | $639,700 | $639,700 | $639,700 |
| 88352 | Tularosa, NM 88352 | 29.2 mi | 14 | $4,216,674 | $340,000 | $301,191 |
| 88316 | Capitan, NM 88316 | 31.0 mi | 13 | $15,912,897 | $460,000 | $1,224,069 |
| 88301 | Carrizozo, NM 88301 | 33.0 mi | 9 | $2,340,000 | $205,000 | $260,000 |
| 88325 | High Rolls Mountain Park, NM 88325 | 38.9 mi | 22 | $16,765,980 | $579,500 | $762,090 |
| 88347 | Sacramento, NM 88347 | 43.3 mi | 7 | $1,568,581 | $212,000 | $224,083 |
| 88310 | Alamogordo, NM 88310 | 53.4 mi | 204 | $63,386,472 | $279,900 | $310,718 |
| 88318 | Corona, NM 88318 | 60.8 mi | 4 | $1,397,332 | $359,000 | $349,333 |
| 88203 | Roswell, NM 88203 | 64.3 mi | 85 | $19,092,105 | $189,950 | $224,613 |
As of January 2026, there are 12 active listings in RUIDOSO DOWNS, NM (zip code 88346), compared to 17 the prior year.
The median listing price in RUIDOSO DOWNS, NM 88346 is $228,500 as of January 2026, a 21.8% decrease from $292,250 the prior year.
Homes in RUIDOSO DOWNS, NM 88346 spend an average of 171 days on the market before going under contract, compared to 159 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RUIDOSO DOWNS, NM 88346 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 171 days on market compared to 159 days last year.
With SELL123.com's maximum 3% commission, sellers in RUIDOSO DOWNS, NM 88346 save an estimated $4,570 compared to a typical 5% commission on the median listing price of $228,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.