- 3 bd
- 2 ba
- 1,380 sqft

The average Ruidoso Downs, NM home value is $222,785, down 0.7% 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: $222,785
1-Year Value Change: -0.7%
(Data through August 31, 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 $222,785 as of August 2026. This represents a 0.9% decrease compared to last month and a 0.7% decrease year-over-year.
Home values in Ruidoso Downs, NM have decreased by 0.9% month-over-month and 0.7% year-over-year.
The median home value in Ruidoso Downs, NM ($222,785) compares to: Lincoln County ($338,320), New Mexico ($315,867), and the U.S. national median ($368,697).