Cerrillos, NM Home Values & Market Trends

Real estate market trends reflect that there have been 22 transactions over the past year in Cerrillos. The median value for residential home transactions that occurred over the previous year is $310,548.76. The number of current listings in Cerrillos is 2, and the percentage of properties for sale in the city is 2.00%. Cerrillos, NM currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.

Cerrillos, NM Real Estate Market Overview

ZipMedian Est. Value
87010

$ 349,917

$ 305/sqft

Housing Market Summary for Cerrillos, NM

Apr 2023March 2024Change
Median Listing Price$0$399K-
Median Sold Price$486.4K$399K-17.98%
Homes For Sale02-
Homes Sold71042.86%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Cerrillos, NM

Cerrillos home values range from $41,512 to $5,408,735. The median estimated value of a home in Cerrillos is $310,548.76. The median list price of a home is 492,000, and the total count of properties in the city is 679.

Foreclosure
There is 1 zips within Cerrillos, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Cerrillos, NM with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Cerrillos, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cerrillos, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cerrillos, NM ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cerrillos, NM. There is 1 zips within Cerrillos, NM; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Cerrillos, NM. Auction homes and other auction properties account for 0% of all properties in Cerrillos, NM. There is 1 zips within Cerrillos, NM; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in Cerrillos, NM with 87010 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Cerrillos, NM; homes for sale in that zips, have a range of median values from $375,000 in 87010 to the lowest value of $324,834 in 87010.
    Sold Homes
    The median value for recently sold homes ranges from $899,000 in 87010 to the lowest price of $57,394 in 87010. There is 1 zips within Cerrillos, NM. 87010 has 11 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.47% of properties in Cerrillos, NM.

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      Guide for Cerrillos, NM

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Cerrillos, NM

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