Cedar Crest, NM is a great place to live for those looking to invest in real estate. The median value of homes in Cedar Crest is $410,400, which is higher than the US median of $338,100. This area also saw a larger one year appreciation rate of 13.83%, compared to the US average of 8.27%. These factors make Cedar Crest an attractive option for home buyers and investors alike.
The median home cost in Cedar Crest is $410,400. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Cedar Crest is up 16.7%.
Average Age of Homes
- The median age of Cedar Crest real estate is 31 years old
The Rental Market in Cedar Crest
- Renters make up 3.2% of the Cedar Crest population
- 3.7% of houses and apartments in Cedar Crest, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.