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Single-family Foreclosures in Cedar Crest, NM

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Cedar Crest, NM Foreclosures

How much do homes sell for in Cedar Crest, NM?
The average home price is currently $470,613.
In Cedar Crest, NM, how many homes are available?
There are currently 471 active home listings available in Cedar Crest.
What’s the average rental cost in Cedar Crest, NM?
The average rental price in Cedar Crest is $1,694.
What is the most expensive home in Cedar Crest?
The most expensive home sold in Cedar Crest had a price of $1,357,800.
What is currently the cheapest priced home in Cedar Crest, NM?
The cheapest home for sale in Cedar Crest is priced at $54,334.

Living in Cedar Crest, NM

Cedar Crest, NM is a picturesque village nestled in the Sandia Mountains, offering breathtaking views and a plethora of outdoor activities. Residents enjoy a blend of suburban tranquility and easy access to the greater Albuquerque area, making it perfect for those seeking serenity without sacrificing convenience. The community is enriched with local amenities, parks, and quality schools.

Current Market Conditions in Cedar Crest, NM

Cedar Crest's real estate market is currently experiencing a steady demand, with a noticeable increase in interest from buyers seeking homes in nature-rich environments. Inventory levels are relatively low, which has contributed to rising home prices, particularly for properties with mountain views and larger plots of land.

New developments are on the rise, catering to families and individuals looking for more space while maintaining proximity to urban amenities. The demand for homes in Cedar Crest has increased, driven by the area's attractive lifestyle and the trend of remote work allowing more people to live in scenic locations.

Home Value Estimator For Cedar Crest, NM

There are currently 1,035 real estate properties in Cedar Crest, NM, with a median automated valuation model (AVM) price of $469,108.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedar Crest, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cedar Crest, NM, is $470,613.00, with the most expensive house in Cedar Crest, NM, topping out at $1,357,800.00 and the cheapest home in Cedar Crest, NM, clocking in at $54,334.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar Crest, NM!

Rent Prices In Cedar Crest, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar Crest, NM, is on a rollercoaster ride. The average rent price in Cedar Crest, NM, is $1,694.00. Indeed, when looking to rent in Cedar Crest, NM, you can expect to pay as little as $860.00 or as much as $3,250.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Cedar Crest, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cedar Crest, NM Single-family Homes


Market Trend for Cedar Crest, NM

Total Listings Available: 471

Market Values:

Home Prices from $54,334 to $1,357,800

Average Sales Price: $470,613

Rental Values:

Rental from $860 to $3,250

Average Rent Value: $1,694 / month

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