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Housing in El Cerro Mission

27 homes sold in El Cerro Mission in the last year, at a typical $290K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where El Cerro Mission homes are listed.

Homes for sale in El Cerro MissionZillowRedfinRealtor.comMore places to look ↓
Homes sold
27
October 2025 to September 2026
Typical sale price
$290K
median, weighted by sales
Price per square foot
$202
New Mexico $211
Paid vs. asking
98.3%
9% sold over asking
For sale now
11
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 0% of El Cerro Mission’s sales, at a typical — (year to May 2026)

27 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.6 times the 2016 price

27 sales in the last year, against 56 in 2023 and a low of 20 in 2013. The typical sale went from $111K in 2016 to $290K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 21 sold, typical $94K’122013: 20 sold, typical $85K2014: 26 sold, typical $76K’142015: 21 sold, typical $94K2016: 20 sold, typical $111K’162017: 30 sold, typical $124K2018: 48 sold, typical $141K’182019: 22 sold, typical $151K2020: 34 sold, typical $159K’202021: 26 sold, typical $197K2022: 27 sold, typical $221K’222023: 56 sold, typical $285K2024: 39 sold, typical $289K’242025: 54 sold, typical $298KLast 12 months: 27 sold, typical $290KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in El Cerro Mission are back to pre-pandemic levels, with about as many homes for sale

We read every month of El Cerro Mission’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 27 sales.

If you’re buying in El Cerro Mission

  • Shop in April. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Bid near asking. Buyers paid 98.3% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 81 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 4 a month), but August is the most competitive: 39% of August sales close over asking. April and May offer nearly as much choice with fewer homes bid up (24%). April has the least competition (24%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 26% sold over asking, 83 days to sellJFeb: 3 new listings a month, 27% sold over asking, 86 days to sellFMar: 4 new listings a month, 29% sold over asking, 76 days to sellMApr: 4 new listings a month, 24% sold over asking, 60 days to sellAMay: 4 new listings a month, 28% sold over asking, 51 days to sellMJun: 4 new listings a month, 33% sold over asking, 51 days to sellJJul: 4 new listings a month, 37% sold over asking, 51 days to sellJAug: 4 new listings a month, 39% sold over asking, 55 days to sellASep: 3 new listings a month, 34% sold over asking, 55 days to sellSOct: 3 new listings a month, 35% sold over asking, 50 days to sellONov: 3 new listings a month, 29% sold over asking, 59 days to sellNDec: 2 new listings a month, 27% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like New Mexico as a whole

El Cerro Mission now2017–192021 peakNM now
Sold over askingShare of sales that closed above the list price9%12%60%7%
Gone within two weeksShare of homes under contract within 14 days17%18%64%25%
Price paid vs. askingAverage sale price ÷ list price98.3%97.7%101.2%97.8%
Days to sellMedian days from listing to contract81721862
Supply

9 homes for sale on a typical day

That’s 3.8 times the 2021 low (2), about the 2017–19 level and well under 2023’s 16.

2014: 2 for sale’142015: 7 for sale2016: 11 for sale2017: 7 for sale’172018: 15 for sale2019: 7 for sale2020: 3 for sale’202021: 2 for sale2022: 4 for sale2023: 16 for sale’232024: 11 for sale2025: 12 for saleLast 12 months: 9 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical El Cerro Mission home costs about $1,685 a month

Mortgage
Property tax
Insurance
Rent

Price: El Cerro Mission’s typical sale, last 12 months. Property tax at El Cerro Mission’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether El Cerro Mission is affordable on local pay is on Cost of living.

Before you buy in El Cerro Mission

Six things worth knowing

4

New listings in July

The month with the most choice. December has the fewest, about 2.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $290K home, about $2,060 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for El Cerro Mission, from test results, graduation and how much students grow.

Schools in El Cerro Mission
46 min

Typical commute

The average one-way trip to work for people who live in El Cerro Mission.

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.

Nearby markets · last 12 months

Los Chaves, Belen and Rio Communities sell for less a square foot

The busier markets within 25 miles of El Cerro Mission, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Los Lunas291$343K$20211%74
South Valley159$306K$20126%42
Belen88$276K$18321%97
Rio Communities75$273K$15914%49
Los Chaves30$412K$19520%58
El Cerro Mission27$290K$2029%81
Bosque Farms22$432K$2315%83

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to El Cerro Mission, free

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

Questions about buying a home in El Cerro Mission

What do homes sell for in El Cerro Mission, NM?

27 homes sold in the year to September 2026 at a typical $290K, $202 a square foot.

Is El Cerro Mission a buyer’s or seller’s market?

A balanced market: 11 homes were for sale in September 2026 and 2 sold, about 4.1 months of supply. Buyers paid 98.3% of asking on average.

When is the best time to buy in El Cerro Mission?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in El Cerro Mission?

About 0.7% of a home’s value a year. On a $290K home that’s near $2,060.

Where can I see homes for sale in El Cerro Mission?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).