Cedar Crest, NM Home Values & Market Trends

Real estate market trends reflect that there have been 30 transactions over the past year in Cedar Crest. The median value for residential home transactions that occurred over the previous year is $436,421.43. The number of current listings in Cedar Crest is 6, and the percentage of properties for sale in the city is 6.00%. Cedar Crest, NM currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 6 properties for sale.

Cedar Crest, NM Real Estate Market Overview

ZipMedian Est. Value
87008

$ 437,007

$ 177/sqft

Housing Market Summary for Cedar Crest, NM

Mar 2023February 2024Change
Median Listing Price$485K$370K-23.71%
Median Sold Price$438.3K$370K-15.58%
Homes For Sale55-
Homes Sold2118-14.29%
Price
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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 Cedar Crest, NM

Cedar Crest home values range from $41,747 to $1,484,017. The median estimated value of a home in Cedar Crest is $436,421.43. The median list price of a home is 476,000, and the total count of properties in the city is 1,074.

Foreclosure
There is 1 zips within Cedar Crest, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Cedar Crest, NM with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Cedar Crest, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cedar Crest, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cedar Crest, NM 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 Cedar Crest, NM. There is 1 zips within Cedar Crest, NM; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Cedar Crest, NM. Auction homes and other auction properties account for 0% of all properties in Cedar Crest, NM. There is 1 zips within Cedar Crest, NM; of that zips, 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 0.56% of residential properties in Cedar Crest, NM with 87008 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Cedar Crest, NM; homes for sale in that zips, have a range of median values from $825,000 in 87008 to the lowest value of $364,900 in 87008.
    Sold Homes
    The median value for recently sold homes ranges from $695,679 in 87008 to the lowest price of $135,118 in 87008. There is 1 zips within Cedar Crest, NM. 87008 has 14 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.30% of properties in Cedar Crest, NM.

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      Guide for Cedar Crest, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      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

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes Cedar Crest, NM

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