2025 Compare Cities Housing:
Ruidoso, NM vs Hobbs, NM

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Highlights
- The median age of a home in Ruidoso is 17.1% younger than the median age of a home in Hobbs.
 Ruidoso, NMHobbs, NMUnited States
 Median Home Age41  Unlock42
 Median Home Cost  Unlock$157,100$338,100
 Home Appr. Last 12 months12.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock33.1%57.0%
 Home Appr. Last 10 yrs.56.6%  Unlock101.1%
 Property Tax Rate  Unlock$4.7$11.0
 Homes Owned30.7%  Unlock57.4%
 Housing Vacant  Unlock12.2%11.2%
 Homes Rented10.9%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Ruidoso, NMHobbs, NMUnited States
 Average Rent  Unlock$1,340$1,840
 Studio Apartment$580  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$800$1,180
 2 Bedroom Home or Apartment$790  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,360$1,860
 4 Bedroom Home or Apartment$1,340  Unlock$2,160
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 Vacant Housing
 Ruidoso, NMHobbs, NMUnited States
 Vacant For Rent  Unlock4.2%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other5.4%  Unlock4.1%
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 Owner-Occupied Housing Value
 Ruidoso, NMHobbs, NMUnited States
 Less Than $20,000  Unlock3.6%2.6%
 $20,000 to $39,9993.4%  Unlock2.4%
 $40,000 to $59,999  Unlock3.6%2.8%
 $60,000 to $79,9993.1%  Unlock3.9%
 $80,000 to $99,999  Unlock11.4%4.5%
 $100,000 to $149,99917.6%  Unlock11.3%
 $150,000 to $199,999  Unlock21.0%13.0%
 $200,000 to $299,99921.6%  Unlock20.1%
 $300,000 to $399,999  Unlock5.0%13.6%
 $400,000 to $499,9993.0%  Unlock8.3%
 $500,000 to $749,999  Unlock5.1%9.7%
 $750,000 to $999,9992.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Ruidoso, NMHobbs, NMUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock7.0%13.6%
 2000 to 200911.1%  Unlock13.6%
 1990 to 1999  Unlock4.7%13.6%
 1980 to 198923.3%  Unlock13.2%
 1970 to 1979  Unlock19.5%14.8%
 1960 to 196914.0%  Unlock13.6%
 1950 to 1959  Unlock19.1%10.0%
 1940 to 19492.6%  Unlock4.7%
 1939 or Earlier  Unlock2.9%12.2%
Reviews for Ruidoso    12 Reviews

Over 3 years ago

Best place in NM to live , unless you like crowds, traffic, crime, and concrete. Plenty of jobs and min wage is now close to $12/hr. Housing is a little pricey but  More

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Over 3 years ago

I love Ruidoso, or "noisy river". I have always visited but now i live here. Was my first choice if I ever moved. I am so glad I left El Paso, was getting way to big  More

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I’ve lived in this town for nine years and loved it. The weather is by far the best thing about this town. Just don’t be a “rude Texan,“ and you will be fine. Try not to  More

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Reviews for Hobbs    3 Reviews

Over 10 years ago

Hobbs, New Mexico is a growing city on the eastern edge of the New Mexico- texas border. The people are friendly and hard working. The school system is in the top tier  More

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Over 15 years ago

Hobbs is the worst place in the U.S. to live. People that live here are snobs and they aren't helpful at all. Forget about getting a job here. If they don't like you,  More

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Over 17 years ago

Pros: 1. Extremely low cost of living and housing for region 2. Affordable place to live 3. Nice physical setting and climate Cons: 1. Very high crime rate 2.  More

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