ZIP 88323

ZIP 88323 is in the Ruidoso, NM market. Market numbers below; the ZIP's rank is on the map.

Median cap rate
: 2.6%.
Median IRR
: 1.7%.
Median list price
: $569,000.
Appreciation
: 3.5%/yr .
Rent growth
: 3.0%/yr .
Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated September 2026.