18 hours on Rocket
#1082459, Melissa T. Warren, Listing Office: HomeSmart Realty Pros
Cedar Crest Housing Market Report March 2025•Bernalillo County, New Mexico
Housing Prices in Cedar Crest, NM
How much do homes in Cedar Crest, NM cost?
Housing Market Conditions
Is Cedar Crest, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cedar Crest is a Seller's Market
Difference Since February 2025
Last month, Cedar Crest has remained a Seller's Market.
Insight
Cedar Crest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$599,000$251/SqFt
+$67,000
+12.6%
Based on all homes sold in March 2025
Insight
Homes in Cedar Crest have sold for 12.6% more than they did a month ago.
Summary: The median home sold price in Cedar Crest was $599,000 in March 2025, up 12.6% from last month, and the median price per square foot was $251.
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | - | $466K | N/A |
| 44 Bedrooms | $532K | $699.5K | +31.5% |
| 55+ Bedrooms | - | - | N/A |
Summary: Cedar Crest housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +31.5%. The home price for 5 bedroom homes did not change.
How does Cedar Crest, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Cedar Crest, NM
Housing supply in Cedar Crest, NM
How many homes are available in Cedar Crest, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthMar 2025 | ||
| 92 months agoFeb 2025 | -11.1 % Change MoMFeb – Mar |
Summary: The Cedar Crest real estate market had 8 homes for sale in Mar 2025, a 11.1 % decrease compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthMar 2025 | ||
| 22 months agoFeb 2025 | +50.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 4 | 4 | 0.0% |
| 44 Bedrooms | 5 | 4 | -20.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Cedar Crest housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Cedar Crest, NM cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price1 Home
Insight
If you're buying a home in Cedar Crest, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Cedar Crest in March 2025, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and and 0% were sold over asking.
Days on Market for Cedar Crest, NM
How long does it take to sell a home in Cedar Crest, NM?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Cedar Crest are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 3 homes were sold in Cedar Crest; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 51 DaysLast MonthMar 2025 | ||
| 25 Days1 month agoFeb 2025 | +101.3 % Change MoMFeb – Mar |
Summary: Homes in Cedar Crest had an average listing age of 51 days in Mar 2025, up by 101.3% compared to the previous month.
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Newest Listings in Cedar Crest, NM
What homes are available in Cedar Crest, NM?
3 days on RocketTour
$4,738 Closing Credit¹
#1082309, Racquel E Gurule, Listing Office: Keller Williams Realty
5 days on Rocket
$8,654 Closing Credit¹
#1082007, Jessica S Beecher, Listing Office: RE/MAX SELECT
Tour
$6,234 Closing Credit¹
#1081837, Kimberly Boucher, Listing Office: Re/Max Alliance, REALTORS
#1081739, Linda DeVlieg Killman, Listing Office: Keller Williams Realty
$4,869 Closing Credit¹
#1081146, Deidria D. Butterfield, Listing Office: Butterfield Lane Properties
$7,113 Closing Credit¹
#1081106, Yvonne R Oselio, Listing Office: Realty One of New Mexico
#1080423, Randell C Campbell, Listing Office: Campbell & Campbell Real Estat
$8,016 Closing Credit¹
#1080464, Heather Lamkin, Listing Office: Desert Meadows Real Estate
#1078125, Daniel J Linden, Listing Office: Coldwell Banker Legacy
$5,344 Closing Credit¹
#1072623, Richard R Gonzales, Listing Office: Oso Elite Realty
#1064184, John Lucero, Listing Office: Realty One of New Mexico, LLC
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, for the period 02/01/2025 - 04/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/21/2025, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.