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Foreclosure Homes in Ruidoso, NM

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8 Grindstone-canyon-rd-Ruidoso-NM-88345
Foreclosure
$154,900 List Price

Grindstone Canyon Rd
Ruidoso, NM 88345

3 Bed | 2 Bath | 1,120 Sq. Ft.

Harris-ln-Ruidoso-downs-NM-88346
Preforeclosure NEW

Harris Ln
Ruidoso Downs, NM 88346

| 1,040 Sq. Ft.

George-p-white-dr-Ruidoso-NM-88345
Preforeclosure
$147,050 EMV

George P White Dr
Ruidoso, NM 88345

| 1,400 Sq. Ft.

31 Reservoir-rd-Ruidoso-NM-88345
Fixer Upper
$325,000 List Price

Reservoir Rd
Ruidoso, NM 88345

4 Bed | 3 Bath

8 Grindstone-canyon-rd-Ruidoso-NM-88345
Fixer Upper
$154,900 List Price

Grindstone Canyon Rd
Ruidoso, NM 88345

3 Bed | 2 Bath

Displaying 1 - 5 of 5
 

Foreclosure Homes in Ruidoso, NM

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Ruidoso, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Ruidoso, NM and much more. Save thousands at closing with home foreclosure listings in Ruidoso, NM — up to 75% off market value!


Top Reasons To Live In Ruidoso, NM In 2021

Ruidoso is located in Lincoln, New Mexico, with an estimated municipal population of 7,901 residents. All of the best foreclosed homes for sale in Ruidoso are located in the following zip code areas on Foreclosure.com: 88345 88338 88355. The estimated population per square kilometer (.62 miles) in Ruidoso is 189.


Cost Of Living In Ruidoso, NM

So, about how much do homes cost in Ruidoso? The most recent median value of resident-owned homes in Ruidoso is 179,355. An estimated 79 percent of households in Ruidoso own their homes, with an average family size of 3.1. The median household income in Ruidoso is 50,114, with20.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ruidoso, the median commute time of resident workers (in minutes) is 15. And last, but certainly not least, are you looking for homes to rent in Ruidoso? If so, the average rent price paid by renters in Ruidoso is 770, according to recent statistics.


Diversity And Demographics In Ruidoso, New Mexico

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ruidoso, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ruidoso is 50.9, split between 51.2 percent male versus 48.8 female. The percentage of residents who report being married in Ruidoso is 54.3, with an average family size of 3.1.

The percentage of residents who report their race in Ruidoso is as follows:

White 97.2%
Black / African American 0.6%
Asian 0.2%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Ruidoso? Or maybe you are searching for 55+ active adult communities in and/or near Ruidoso?

The percentage of residents who report their age in Ruidoso is as follows:

Under 10 9.2%
Aged 10-19 8%
20s 13%
30s 8.9%
40s 9.2%
50s 15.5%
60s 17.6%
70s 13.3%
80+ 5.4%

Best Schools In Ruidoso, New Mexico

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ruidoso with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ruidoso.


Pros And Cons Of Living In Ruidoso, New Mexico

How do you know that living in -- or moving to -- Ruidoso is right where you need to be? Perhaps you grew up in Ruidoso or already live nearby; therefore, the decision to buy a home in Ruidoso is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ruidoso for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ruidoso:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ruidoso.


Reasons To Move To Ruidoso, New Mexico, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ruidoso can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ruidoso, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Ruidoso, NM

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