Groundwork

Real estate · Small-town market · New Mexico

Real estate businesses in the Ruidoso, NM area

The real estate businesses in the Ruidoso, NM area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 21 out of 100: Low

Ranked #534 of 536 scored small-town markets
#13 of 13 scored small-town markets based in New Mexico

Listings
62
2 chain locations (3%)
Official establishments
36
−5.3% since 2019
Household spending a year
$155.2M
On rent and homeowner costs · $15,518 a household
Housing spending per listing (U.S. = 100)
58
42% below the U.S.
Listings per 10k households
62.0
61% above the U.S.
Population, 2025
19,844
−2.3% since 2020

See the real estate businesses around any address in the Ruidoso area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Ruidoso area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For real estate businesses, the Ruidoso area has a Groundwork market score of 21 (low): #534 of 536 scored small-town markets and #13 of 13 scored small-town markets based in New Mexico. That puts it in the bottom quarter of small-town markets.

Households in the Ruidoso area spend about $155.2M a year on rent and homeowner costs, or $15,518 per household, 7% below the U.S. average. Housing spending per office is 42% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

There are 62 real estate businesses on map listings in the Ruidoso area as of September 2026. Chain locations make up 3% of them, against 6% across the U.S. That comes to 62.0 for every 10,000 households, 61% above the U.S. rate of 38.5.

In 2023, official counts showed 36 businesses with payroll in the Ruidoso area classed as real estate agents, property managers, mortgage lenders and inspectors, down 5.3% from 2019. That is one for every 278 households, against one for every 414 across the U.S. Between 2020 and 2025, the population of the Ruidoso area declined 2.3%, against +3.1% for the U.S.

How the Ruidoso area compares

The same measures for New Mexico and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Ruidoso, NM area compared with New Mexico and the U.S.
MeasureRuidoso areaNew MexicoU.S.
Listings per 10k households62.030.538.5
Housing spending per listing (U.S. = 100)58126100
Households per official establishment278562414
Official establishment growth, 2019–2023−5.3%+15.1%+15.8%
Population growth, 2020–2025−2.3%+0.3%+3.1%
Spending per household on rent and homeowner costs$15,518$16,591$16,661
Median household income$53,303$64,059$80,734
Groundwork market score2158

Official counts and lending

Businesses

Official establishments, 2019 to 2023
36−5.3% over the period
Employees, 2023
145
Annual payroll, 2023
$5.7M
One-person businesses, 2023
158Businesses with no payroll
Map listings, September 2026
622 chain locations
Listings at the U.S. rate for this spending
36The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Ruidoso area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Ruidoso area

Population, 2025 estimate
19,844−2.3% since 2020
Households
10,000
Median age
50.9
Homes lived in by their owners
77%
Vehicles per household
2.0
Land area
4,831 sq. mi.
People per square mile
4
Median household income
$53,303+15.3% vs. 2015–2019, before inflation
Average household income
$73,624
Median home value
$233,200
Jobs located here
6,275
Daytime population
19,834Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Ruidoso area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Ruidoso area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across New Mexico

Every New Mexico market ranked →

The highest-scoring small-town markets in New Mexico for real estate businesses, numbered among those based in New Mexico, with the Ruidoso area marked.

Top small-town markets in New Mexico

Small-town markets in New Mexico ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Española, NM76106.4575−1.0%#22 of 536
2Gallup, NM70157.0482−6.1%#47 of 536
3Carlsbad-Artesia, NM674820.3199+0.3%#65 of 536
4Las Vegas, NM651510.8317−3.2%#83 of 536
5Deming, NM651213.0246−0.2%#86 of 536
6Hobbs, NM625823.5166+0.2%#117 of 536
7Roswell, NM603816.0220−2.7%#127 of 536
8Alamogordo, NM595522.5162+3.7%#147 of 536
9Los Alamos, NM553340.01330.0%#200 of 536
10Silver City, NM443329.2118−3.4%#338 of 536
13Ruidoso, NM216262.058−2.3%#534 of 536

Other business types in the Ruidoso area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Ruidoso, NM area?

As of September 2026, map listings count 62 real estate businesses in the Ruidoso area. 2 of them (3%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 36 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, down 5.3% from 2019. Official counts also show 158 one-person businesses without payroll.

How much do households in the Ruidoso, NM area spend on rent and homeowner costs?

About $155.2M a year, or $15,518 per household. That is 7% below the U.S. average (an index of 93, where 100 is the U.S. average). For the 62 real estate businesses on map listings, housing spending per office is 42% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 10,000 households in the Ruidoso area and national spending patterns by income.

How does the Ruidoso, NM area compare with the U.S. for real estate businesses?

The Ruidoso area has 62.0 real estate businesses per 10,000 households, 61% above the U.S. rate of 38.5. The index of housing spending per office is 58, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Ruidoso area would have about 36, against 62 on map listings. There is one business with payroll in the industry for every 278 households, against one for every 414 across the U.S. The official count fell 5.3% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Ruidoso, NM area growing?

Population estimates put the Ruidoso area at 19,844 people in 2025, down 2.3% since 2020, against +3.1% for the U.S. It has 10,000 households. Median household income in the Ruidoso area is $53,303, 34% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 15.3%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Ruidoso area scores 21 for real estate businesses (low), #534 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Ruidoso area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Ruidoso area

Screening a site or an acquisition in the Ruidoso area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Ruidoso area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.