88345 Home Values & Market Trends

There are 23 homes currently listed for 88345. 88345 real estate market trends show that home prices range from $35,000 to $2,495,000, and the median sales price in the 88345 zip code is $381,044.19. The total number of properties sold within the past twelve months is 372. In 88345, 3 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

88345 Real Estate Market Overview

CityMedian Est. Value
Ruidoso

$ 624,156

$ 284/sqft

Housing Market Summary for 88345

Apr 2023March 2024Change
Median Listing Price$319.9K$392.8K22.78%
Median Sold Price$273.6K$392.8K43.56%
Homes For Sale1122100.00%
Homes Sold14116416.31%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 88345

The median list price of a home in Ruidoso, is $381,044.19. A total of 23 properties are for sale, and the percentage of properties for sale in the zip code is 23.00%. The total count of 88345 properties is 8,176.

Foreclosure
There is 1 cities within 88345; within this cities, the median estimated home value for homes in foreclosure ranges from $525,298 in ruidoso to the lowest value of $324,076 in ruidoso. Foreclosure homes account for 0.00% of properties in 88345 with ruidoso containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in 88345 with ruidoso containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 88345; of that cities, the estimated home value for pre-foreclosure homes ranges from $525,298 in ruidoso to the lowest home value of $324,076 in ruidoso.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 88345 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 88345. There is 1 cities within 88345; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 88345. Auction homes and other auction properties account for 0% of all properties in 88345. There is 1 cities within 88345; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in 88345 with ruidoso containing 23 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 88345; homes for sale in that cities, have a range of median values from $2,047,987 in ruidoso to the lowest value of $128,011 in ruidoso.
    Sold Homes
    The median value for recently sold homes ranges from $1,649,440 in ruidoso to the lowest price of $80,928 in ruidoso. There is 1 cities within 88345. ruidoso has 155 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.90% of properties in 88345.

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      Guide for 88345

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes 88345

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