Data as of February 2026. Source: Realtor.com.
The RUIDOSO DOWNS, NM real estate market (88346) currently shows 17 active listings. Homes are averaging 97 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 97 days on market compared to 151 days last year.
The median listing price has fallen 22.1% year-over-year, from $291,250 to $227,000.
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.
Population: 2,770 · Density: 20.5/mi² · Median household income: $29,158
Typical home value: $0 · Homeownership: 66.5%
| 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 February 2026, there are 17 active listings in RUIDOSO DOWNS, NM (zip code 88346), compared to 15 the prior year.
The median listing price in RUIDOSO DOWNS, NM 88346 is $227,000 as of February 2026, a 22.1% decrease from $291,250 the prior year.
Homes in RUIDOSO DOWNS, NM 88346 spend an average of 97 days on the market before going under contract, compared to 151 days the prior year.
Based on current inventory and days-on-market data as of February 2026, RUIDOSO DOWNS, NM 88346 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 97 days on market compared to 151 days last year.
With SELL123.com's maximum 3% commission, sellers in RUIDOSO DOWNS, NM 88346 save an estimated $4,540 compared to a typical 5% commission on the median listing price of $227,000. 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.