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Housing in Cedar Grove

4 homes sold in Cedar Grove in the last year, at a typical $613K

Almost every sale is a house. Below: a shortcut to every site where Cedar Grove homes are listed.

Homes sold
4
June 2025 to May 2026
Typical sale price
$613K
median, weighted by sales
Price per square foot
$268
New Mexico $219
Paid vs. asking
98.5%
0% sold over asking
For sale now
4
May 2026 · 2 sold that month
Rent or buy?

Owning the typical Cedar Grove home costs about $3,443 a month

Mortgage
Property tax
Insurance
Rent

Price: Cedar Grove’s typical sale, last 12 months. Property tax at Cedar Grove’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cedar Grove is affordable on local pay is on Cost of living.

Before you buy in Cedar Grove

Four things worth knowing

0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $613K home, about $2,930 a year.

Taxes vs. neighbors
45 min

Typical commute

The average one-way trip to work for people who live in Cedar Grove.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Cedar Grove, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cedar Grove. People who follow the town see it, and so do people comparing Cedar Grove with their own town. No commission, no listing fee.

Questions about buying a home in Cedar Grove

What do homes sell for in Cedar Grove, NM?

4 homes sold in the year to May 2026 at a typical $613K, $268 a square foot.

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

A seller’s market: 4 homes were for sale in May 2026 and 2 sold, about 2 months of supply. Buyers paid 98.5% of asking on average.

How much are property taxes in Cedar Grove?

About 0.5% of a home’s value a year. On a $613K home that’s near $2,930.

Where can I see homes for sale in Cedar Grove?

Zillow, Redfin, Realtor.com and Homes.com all carry Cedar Grove’s MLS listings; the search links above open each one filtered to Cedar Grove.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).