Housing Prices in Cerrillos, NM
How much do homes in Cerrillos, NM cost?
Median List Price
$400,000
$303/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Cerrillos has decreased by 5.9% since last year.
Summary: The median home list price in Cerrillos was $400,000 in April 2024, down 5.9% from the previous year, and the median price per square foot was $303.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $399K | +22.8% |
| 2 Bedrooms | $450K | $412.5K | -8.3% |
| 3 Bedrooms | $430K | $295K | -31.4% |
| 4 Bedrooms | $399K | $1.1M | +187.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cerrillos housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.8%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 31.4%, 4 bedroom homes increased by 187.5%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Santa Fe South | $663.7K | $721.5K | +8.7% |
| Lamy | $925K | $947.4K | +2.4% |
| Sandia Park | $596.7K | $584.9K | -2.0% |
| Cerrillos | $425K | $400K | -5.9% |
| Stanley | $427.5K | $382.5K | -10.5% |
Housing Supply in Cerrillos, NM
How many homes are available in Cerrillos, NM?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Cerrillos real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cerrillos housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Cerrillos, NM
How long does it take to sell a home in Cerrillos, NM?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 169 Days | 125 Days | -25.7% |
Summary: Homes in Cerrillos had an average listing age of 125 days in Apr 2024, down by 25.7% compared to the previous year.
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
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