Why Live in Cedar Grove
Cedar Grove in Edgewood, NM, is characterized by its secluded dirt roads and expansive lots ranging from 2 to 10 acres, surrounded by wild desert grasslands and juniper trees. The neighborhood features custom-built Northern New Mexico-style homes from the 1990s to 2010s, often found in gated subdivisions like Tierra Encantada. These homes typically have bright stucco exteriors, pitched metal roofs, and long, gated driveways. The area is known for its natural beauty, with many properties incorporating greenhouses, garden spaces, and horse stables. Cedar Grove is safer than the national average, contributing to its appeal for those seeking a tranquil lifestyle. The South Mountain Trail offers an 8-mile hike through grassy valleys and piñon pine groves, while the nearby Cibola National Forest provides extensive hiking trails and winter ski slopes. Central Edgewood, located 7 miles south, is the nearest hub for dining and shopping, featuring eateries like the Pizza Barn and Chili Hills. For broader amenities, residents often travel to Albuquerque, 33 miles west. The neighborhood is served by the Moriarty-Edgewood School District, with South Mountain Elementary being a highly rated school. Commuters can access New Mexico State Road 344, leading to central Edgewood, and further connections to Interstate 25 and Route 66. The nearest major medical facility is the Presbyterian Kaseman Hospital, 26 miles west, while the Albuquerque International Sunport is 36 miles away.
Frequently Asked Questions
Is Cedar Grove a good place to live?
Cedar Grove is a good place to live. Cedar Grove is considered very car-dependent and somewhat bikeable. It has a median age of 54. The average household income is $105,126 which is above the national average. College graduates make up 42.8% of residents. A majority of residents in Cedar Grove are home owners, with 7.3% of residents renting and 92.7% of residents owning their home. A
local real estate agent serving Cedar Grove can help you decide if this neighborhood is the right one for you. Learn more on our
Cedar Grove neighborhood guide.
How much do you need to make to afford a house in Cedar Grove?
The median home price in Cedar Grove is $1,899,900. If you put a 20% down payment of $380,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $9,830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $421K a year to afford the median home price in Cedar Grove. The average household income in Cedar Grove is $105K.
What are the best public schools in Cedar Grove?
The best public schools that serve Cedar Grove are:
What are the most popular zip codes in Cedar Grove, Edgewood, NM?
What are the most popular neighborhoods near Cedar Grove, Edgewood, NM?
Home Trends in Cedar Grove, NM
On average, homes in Cedar Grove, Edgewood sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in Cedar Grove, Edgewood over the last 12 months is $1,775,000, up 168% from the median home sale price over the previous 12 months.
Median Sale Price
$1,775,000
Median Single Family Sale Price
$1,775,000
Average Price Per Sq Ft
$870
Number of Homes for Sale
0
Last 12 months Home Sales
3
Median List Price
$1,899,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
168%