Housing in Cedar Grove, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$525,000
Median List Price
N/A
Price Per Sq Ft
$243
Days on Market
66
Active Inventory
2
Months of Supply
2.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
95.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$243
Cedar Grove vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Cedar Grove is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$191,300
Median Rent
N/A
Total Housing Units
579
Vacancy Rate
10.7%
Owner Occupied
89.8%
Renter Occupied
10.3%
Median Property Tax
$904
per year
Monthly Cost (w/ Mortgage)
N/A
Housing Types
The current median sale price in Cedar Grove, NM is $525,000 according to Redfin data. Homes spend a median of 66 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $243. About 89.8% of housing units are owner-occupied. The median year homes were built is 1987. There are 579 total housing units.