Home Value Trail

Ruidoso, NM micropolitan area: home price history and building permits

New Mexico1 county19,844 residents (2025 estimate)

  • FHFA annual index 1982 to 2025
  • Developmental index
  • Release of

The FHFA annual house price index for Ruidoso, NM increased by 88.2% from 2015 to 2025. From 2020 to 2025, the index increased by 53.3%. From 2024 to 2025, the index decreased by 1.5%.

2015

+88.2%

From 2015 to 2025, the FHFA annual all-transactions index for Ruidoso, NM increased by 88.2%.

From 2015 to 2025, the average change in each year is +6.5%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Ruidoso, NM+88.2%
New Mexico+81.6%
United States+85.0%
Ruidoso, NM FHFA annual all-transactions index, 100 in 1982
  • Ruidoso, NM
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span
Index values for each year
FHFA annual all-transactions index for Ruidoso, NM, 1982 to 2025
YearIndexChange from the year before
2025405.83−1.5%
2024411.88+1.5%
2023405.78+15.8%
2022350.54+16.0%
2021302.06+14.1%
2020264.68+7.4%
2019246.38+4.2%
2018236.54+4.8%
2017225.74+0.5%
2016224.60+4.2%
2015215.63+0.9%
2014213.78−3.8%
2013222.18+3.3%
2012215.05−2.2%
2011220.00−2.6%
2010225.81−3.2%
2009233.34−3.4%
2008241.57+0.2%
2007241.17+7.7%
2006223.87+9.5%
2005204.44+10.5%
2004185.09+7.2%
2003172.61+4.3%
2002165.55+3.1%
2001160.59+7.4%
2000149.55+6.6%
1999140.35+3.6%
1998135.51+5.7%
1997128.21+3.2%
1996124.22+4.2%
1995119.26+10.8%
1994107.67+5.4%
1993102.19+1.8%
1992100.35+5.2%
199195.42+8.6%
199087.88−4.1%
198991.65+18.4%
198877.42−13.0%
198788.96−17.6%
1986107.97+0.6%
1985107.34+1.0%
1984106.26−3.5%
1983110.08+10.1%
1982100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Ruidoso, NM. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Ruidoso, NM and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Ruidoso, NM−1.5%+53.3%+88.2%+98.5%+171.4%+6.5%
New Mexico+3.1%+49.8%+81.6%+88.8%+150.9%+6.1%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

Each row uses FHFA's annual all-transactions index and the same two years.

Drawdowns

A drawdown is a decline of 5% or more of the annual index from a peak.

Drawdowns of the index of Ruidoso, NM, deepest first
PeakLowDeclineBack at the peak
19831988−29.7%1995
20082014−11.5%2019

Decade by decade

Change in the index of Ruidoso, NM in each decade
DecadeChangeUnited StatesBar
1990s1990 to 2000+70.2%+33.9%
2000s2000 to 2010+51.0%+29.7%
2010s2010 to 2020+17.2%+35.5%
2020s so far2020 to 2025+53.3%+47.0%

The index is 100 in the first year with a value for the area (1982 here). The change in a decade is the index at the end of the decade divided by the index at the start. The base year has no effect on it.

Building permits in the area

In the 12 months to August 2026, building permits in the county of the area authorized 78 housing units. That is 3.9 units for each 1,000 residents.

Housing units authorized by month, latest 60 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in the Ruidoso, NM micropolitan area, by month
MonthAll units1 unit2 or more units
Aug 2026770
Jul 2026990
Jun 2026000
May 2026990
Apr 2026990
Mar 2026770
Feb 2026770
Jan 2026550
Dec 202511110
Nov 2025440
Oct 2025550
Sep 2025550
Aug 202510100
Jul 2025990
Jun 2025660
May 202516160
Apr 202514140
Mar 2025880
Feb 2025660
Jan 2025660
Dec 2024770
Nov 202413130
Oct 20241394
Sep 2024660
Aug 2024660
Jul 2024660
Jun 202412120
May 2024330
Apr 2024880
Mar 2024220
Feb 202410100
Jan 2024660
Dec 202310100
Nov 2023880
Oct 202313130
Sep 2023990
Aug 202310100
Jul 2023550
Jun 2023550
May 2023550
Apr 2023330
Mar 2023330
Feb 2023550
Jan 2023550
Dec 2022440
Nov 2022330
Oct 2022990
Sep 2022330
Aug 2022770
Jul 2022220
Jun 202210100
May 2022880
Apr 2022880
Mar 2022440
Feb 2022880
Jan 2022990
Dec 2021440
Nov 202114140
Oct 2021330
Sep 20211192
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in the Ruidoso, NM micropolitan area, by year
YearAll units1 unit2 or more units
20251111110
202492884
202383830
202273730
202191892
202063630
201964640
201887870
201778780
201671710
201561610
201459590
201364640
201249490
201145450
201053530
200966606
200894913
200717916415
20062051969
200527826018
200423922217
200319518213
20021841804
200115514510
200018016812
19991491490
19981911910
19971361360
19961411410
19951451450

The counts are the sums of the county files of the Building Permits Survey for the counties of the area (OMB delineation of July 2023).

Counties of the area

Counties of the Ruidoso, NM micropolitan area, by name
CountyState1 year10 yearsUnits, 12 months
Lincoln CountyNM−1.5%+88.2%78

Agency pages

  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.
  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.

Each link loaded on .

Cite this page

Home Value Trail. Ruidoso, NM home price history. https://homevaluetrail.com/metro/40760-ruidoso/. Source: Federal Housing Finance Agency, annual house price index for CBSAs (developmental); US Census Bureau, Building Permits Survey. FHFA release of .

Where the figures come from

Index
FHFA annual house price index for CBSAs, all transactions, 1982 to 2025. Release of March 31, 2026.
Other levels
FHFA annual indexes for the states and the United States, from the same release.
Building permits
US Census Bureau, Building Permits Survey, county files through August 2026, added for the counties of the area.
Counties of the area
OMB delineation of core based statistical areas, July 2023.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

Which years had the largest changes in the index for Ruidoso, NM?
The largest increase in one year was 18.4%, from 1988 to 1989. The largest decrease in one year was 17.6%, from 1986 to 1987.
How did the index for Ruidoso, NM change over 20 years?
From 2005 to 2025, the index for Ruidoso, NM increased by 98.5%. In the same years, the index for New Mexico increased by 88.8%. In the same years, the index for the United States increased by 79.1%.
What is the highest value of the index for Ruidoso, NM?
The index is 100 in 1982, the first year with a value for this area. The highest annual value is 411.88, in 2024. The value in 2025 is 405.83.
Which counties are in the Ruidoso, NM area?
The area has 1 county in the delineation of July 2023. The Census Bureau estimates 19,844 residents for 2025.