What is the median home value in El Cerro Mission, NM?

The median value of owner-occupied homes in El Cerro Mission, NM is $115,300 (±$48,197), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In El Cerro Mission, the median home value went from $72,800 in 2015–2019 to $115,300 in 2020–2024 (+58.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$115,300 (±$48,197)
Owner-occupied homes
1,362 (±301)
Most common range
$50,000 to $99,999

Home values in El Cerro Mission

Owner-occupied homes by value, 2020–2024
ValueEl Cerro MissionValencia CountyNew MexicoUnited States
Less than $50,00017.6% (±9.0 points)10.5%9.4%5.3%
$50,000 to $99,99928.1% (±14.1 points)11.3%7.8%6.1%
$100,000 to $149,9999.8% (±5.3 points)9.2%8.5%6.8%
$150,000 to $199,99910.9% (±5.8 points)12.2%11.7%9.0%
$200,000 to $299,99924.2% (±8.4 points)27.1%23.6%17.8%
$300,000 to $499,9994.8% (±3.9 points)22.0%25.5%26.9%
$500,000 to $999,9990.0% (±3.1 points)6.2%11.2%20.9%
$1,000,000 or more4.6% (±6.7 points)1.4%2.4%7.1%

The most common range is $50,000 to $99,999, 28.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

El Cerro Mission against Valencia County, its state and the nation

Estimate (90% margin of error)
El Cerro MissionValencia CountyNew MexicoUnited States
Median home value$115,300 (±$48,197)$223,000 (±$8,792)$248,100 (±$1,957)$332,700
Owner-occupied homes1,362 (±301)22,944 (±667)585,937 (±3,814)84,210,142

In El Cerro Mission, the median home value is lower than in Valencia County ($223,000).

It is also lower than in New Mexico ($248,100).

It is lower than the national figure ($332,700).

In Valencia County, El Cerro Mission ranks 11 of 12 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 135 of 184.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in El Cerro Mission have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$72,800 (±$18,775)$115,300 (±$48,197)+58.4%No measurable change after inflation
Median owner cost with a mortgage$1,221 (±$184)$1,217 (±$99)−0.3%Down after inflation
Median real estate taxes$653 (±$155)$819 (±$214)+25.4%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near El Cerro Mission

Nearest places with a published estimate, compared with El Cerro Mission
PlaceDistanceMedian home valueCompared with this place
El Cerro Mission—$115,300 (±$48,197)—
Las Maravillas2.6 mi$230,000 (±$65,561)Higher
El Cerro3.0 mi$311,500 (±$62,730)Higher
Valencia3.5 mi$262,900 (±$93,280)Higher
Peralta4.7 mi$299,200 (±$43,671)Higher
Meadow Lake4.8 mi$77,900 (±$21,321)Not measurably different
Tome5.0 mi$269,300 (±$72,857)Higher
Bosque Farms6.7 mi$293,100 (±$75,179)Higher
Los Chaves7.0 mi$285,700 (±$91,382)Higher

Nearby places with a measurably higher figure: Las Maravillas, NM ($230,000), El Cerro, NM ($311,500), Valencia, NM ($262,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Valencia County, place by place

RankPlaceMedian home value
5Tome$269,300 (±$72,857)
6 (tie)Los Lunas$262,900 (±$16,933)
6 (tie)Valencia$262,900 (±$93,280)
8Las Maravillas$230,000 (±$65,561)
9Rio Communities$205,900 (±$22,143)
10Belen$166,100 (±$34,577)
11El Cerro Mission$115,300 (±$48,197)
12Meadow Lake$77,900 (±$21,321)

Showing 8 of 12 places in Valencia County, ranked from highest to lowest.

El Cerro Mission is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about El Cerro Mission

What is the average home value in El Cerro Mission, NM?

The Census Bureau publishes the median: $115,300 (±$48,197) for owner-occupied homes in El Cerro Mission (2020–2024 American Community Survey).

Have home values in El Cerro Mission gone up?

In El Cerro Mission, the median home value went from $72,800 in 2015–2019 to $115,300 in 2020–2024 (+58.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in El Cerro Mission sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for El Cerro Mission CDP, New Mexico (place:22582, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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