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CEDAR CREST, NM 87008

Real Estate Market Report  ·  Bernalillo County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
13
⇧ 116.7% vs 6 last year
Pending
5
38% pending ratio
Median Price
$441,500
⇩ 14.3% vs $515,000 last year
Average Price
$474,520
⇩ 19.2% vs $587,500 last year
Days on Market
95
⇩ 14.4% vs 111 days last year

Market Context

Population: 2,418  ·  Density: 35.1/mi²  ·  Median household income: $106,250

Typical home value: $330,619  ·  Homeownership: 91.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The CEDAR CREST, NM real estate market (87008) currently shows 13 active listings, with 5 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 95 days on market compared to 111 days last year.

The median listing price has fallen 14.3% year-over-year, from $515,000 to $441,500.

Whether you are buying or selling in CEDAR CREST, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 6 last year
  • Days on market: 95 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $441,500 (-14.3% YoY)
  • Average: $474,520 (-19.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 1,084 listings ($588,386,161 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87008Cedar Crest, NM 870080.0 mi13$6,168,760$441,500$474,520
87111Albuquerque, NM 871117.1 mi125$85,522,750$450,000$684,182
87112Albuquerque, NM 871127.8 mi94$33,845,546$337,450$360,059
87043Placitas, NM 8704310.3 mi50$37,403,250$708,000$748,065
87113Albuquerque, NM 8711310.6 mi37$24,091,588$454,700$651,124
87059Tijeras, NM 8705911.7 mi33$21,556,161$571,500$653,217
87015Edgewood, NM 8701512.4 mi39$20,040,462$499,000$513,858
87107Albuquerque, NM 8710714.3 mi73$60,898,644$525,000$834,228
87106Albuquerque, NM 8710615.8 mi78$35,265,048$434,900$452,116
87114Albuquerque, NM 8711416.8 mi146$73,427,780$400,000$502,930
87105Albuquerque, NM 8710519.8 mi84$34,239,576$362,500$407,614
87144Rio Rancho, NM 8714422.1 mi300$148,697,400$430,000$495,658
87010Cerrillos, NM 8701022.9 mi12$7,229,196$637,000$602,433

Frequently Asked Questions

How many homes are for sale in CEDAR CREST, NM 87008?

As of January 2026, there are 13 active listings in CEDAR CREST, NM (zip code 87008), compared to 6 the prior year.

What is the median home price in CEDAR CREST, NM 87008?

The median listing price in CEDAR CREST, NM 87008 is $441,500 as of January 2026, a 14.3% decrease from $515,000 the prior year.

How long do homes stay on the market in CEDAR CREST, NM?

Homes in CEDAR CREST, NM 87008 spend an average of 95 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in CEDAR CREST, NM 87008?

Based on current inventory and days-on-market data as of January 2026, CEDAR CREST, NM 87008 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 95 days on market compared to 111 days last year.

How much can I save on real estate commission in CEDAR CREST, NM?

With SELL123.com's maximum 3% commission, sellers in CEDAR CREST, NM 87008 save an estimated $8,830 compared to a typical 5% commission on the median listing price of $441,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.