The Cedar Grove housing market is not very competitive. The median sale price of a home in Cedar Grove was $57K last month, up 21.7% since last year. The median sale price per square foot in Cedar Grove is $26, up 52.9% since last year.
What is the housing market like in Cedar Grove today?
In March 2024, Cedar Grove home prices were up 21.7% compared to last year, selling for a median price of $57K. On average, homes in Cedar Grove sell after 87 days on the market compared to 30 days last year. There were 7 homes sold in March this year, up from 7 last year.
$31K
Sale Price
-3.4% since last year
$26
Sale $/Sq. Ft.
+52.9% since last year
Under List Price
9.2%
Days on Market
68
Down Payment
—
Total Homes Sold
3
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How hot is the Cedar Grove housing market?
Cedar Grove is not very competitive. Homes sell in 68 days.
0
100
23
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 9% below list price and go pending in around 68 days.
Hot homes
can sell for around list price and go pending in around 30 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cedar Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Grove.
Risk Factor
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Grove has a minor risk of flooding. 412 properties in Cedar Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Cedar Grove. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Grove has a minor risk of wildfire. There are 32 properties in Cedar Grove that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Cedar Grove.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Grove has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Grove is most at risk from hurricanes. 4,681 properties in Cedar Grove have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 100 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 106 mph.