- 3 bd
- 2 ba
- 1,380 sqft

The average Ruidoso Downs, NM home value is $220,797, down 1.1% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $220,797
1-Year Value Change: -1.1%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Ruidoso Downs, NM is $220,797 as of September 2026. This represents a 0.9% decrease compared to last month and a 1.1% decrease year-over-year.
Home values in Ruidoso Downs, NM have decreased by 0.9% month-over-month and 1.1% year-over-year.
The median home value in Ruidoso Downs, NM ($220,797) compares to: Lincoln County ($335,919), New Mexico ($315,812), and the U.S. national median ($366,157).