Ruidoso, NM Real Estate
According to census data in the year 2000 there were 7,574 housing units in Ruidoso.
This represents a 13.4% growth from 6,677 in 1990.
Of those housing units, 6,635 were located in either urbanized areas or urban clusters, and 939 were located in what is classified as a rural area.
Homeownership rate in Ruidoso is about 75.9%.
Ruidoso's vacancy rate, including seasonal lodging, is about 54.5%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Ruidoso were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 10.20% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 43.70% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $113,900 |
| Median Price asked for vacant units | $129,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $477 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 53.80% |
| Debt Free | 40.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
