Median real estate price in the Village Center of Ruidoso is $162,165, which is more expensive than 56.7% of the neighborhoods in New Mexico and 41.7% of the neighborhoods in the U.S.
The average rental price in Ruidoso Village Center is currently $1,006, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.5% of the neighborhoods in New Mexico.
Ruidoso Village Center is a suburban neighborhood (based on population density) located in Ruidoso, New Mexico.
Real estate in the Village Center of Ruidoso, NM is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Village Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Ruidoso Village Center. The current real estate vacancy rate here is 60.9%. This is higher than the rate of vacancies in 99.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (47.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.