Cedar Grove, NM

Balanced market

Housing market overview · Updated weekly

$525,000median sale price

Homes sold

1

Last 12 weeks

Days on market

66

Average pace

Active listings

2

2.0 months supply

Sale-to-list

95.5%

Below asking

The Cedar Grove housing market is currently classified as a balanced market with a median sale price of $525,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 66 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Cedar Grove

There are currently 2 homes listed for sale in Cedar Grove, New Mexico.

Active listings

2

Homes on market

Avg. days on market

66

Days until sale

Sale-to-list:95.5%

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Frequently asked questions

What is the average home price in Cedar Grove?

The median home sale price in Cedar Grove is $525,000, down 0.0% from last year.

How long do homes stay on market in Cedar Grove?

Homes typically spend 66 days on market before going under contract.

Is Cedar Grove a buyer's or seller's market?

With 2.0 months of supply, Cedar Grove is currently a balanced market.

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