El Cerro Mission, NM · Market Data

El Cerro Mission, New Mexico real estate market data.

Real estate market data for El Cerro Mission, NM (Valencia County) — Census median home value $101,000, county listing prices up about 4.6% over the past year.

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El Cerro Mission, NM is in Valencia County, New Mexico — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,101, with a median household income of $49,719. Census data puts El Cerro Mission's median home value at $101,000 (all owner-occupied homes); Valencia County's current median listing price runs $374,950, up about 4.6% over the past year.

At a glance

El Cerro Mission market snapshot

Population

5,101

Median Household Income

$49,719

Median Home Value (city)

$101,000

Median Listing Price (Valencia County)

$374,950

Median Gross Rent

$1,289/mo

Price Trend (YoY)

+4.6%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why El Cerro Mission

What makes El Cerro Mission different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts El Cerro Mission's median home value — across all owner-occupied homes, not just recent sales — at $101,000. Separately, Valencia County's current median listing price (via Realtor.com data, 2026-06-01) runs $374,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Valencia County's FHFA house price index shows a 4.78% annual change in 2025.

Population & Income

El Cerro Mission has an estimated population of 5,101 and a median household income of $49,719, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

El Cerro Mission's Census-reported median home value works out to about 2.0x the area's median household income, and median gross rent runs roughly 31% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

El Cerro Mission FAQ

What are home values like in El Cerro Mission, NM?

The Census Bureau's American Community Survey puts El Cerro Mission's median home value at $101,000. Valencia County's current median listing price runs $374,950, up about 4.6% over the past year.

What is the population of El Cerro Mission, NM?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts El Cerro Mission's population at approximately 5,101.

What's the median rent in El Cerro Mission, NM?

The Census ACS estimates median gross rent in El Cerro Mission at approximately $1,289 per month.

What is the median household income in El Cerro Mission, NM?

Census ACS data puts the median household income in El Cerro Mission at approximately $49,719.

Is the El Cerro Mission housing market growing?

Valencia County's FHFA house price index shows a 4.78% annual change in 2025.

Is El Cerro Mission, NM affordable relative to income?

Census ACS data puts El Cerro Mission's median home value at about 2.0 times the median household income, with median gross rent equal to roughly 31% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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