Ruidoso Downs, NM Real Estate
According to census data in the year 2000 there were 916 housing units in Ruidoso Downs.
This represents a 47.3% growth from 622 in 1990.
Of those housing units, 823 were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.
Homeownership rate in Ruidoso Downs is about 70.3%.
Ruidoso Downs's vacancy rate, including seasonal lodging, is about 26.2%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Ruidoso Downs were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 12.80% |
| Two Bedrooms | 37.20% |
| Three Bedrooms | 41.80% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $75,500 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 0.90% |
| Simple Mortgage | 52.60% |
| Debt Free | 42.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
