#202502345, Maria R. Leyba, Gabriel Leyba, Listing Office: Leyba Real Estate, LLC
Cerrillos Housing Market Report May 2025•Santa Fe County, New Mexico
Housing Prices in Cerrillos, NM
How much do homes in Cerrillos, NM cost?
Housing Market Conditions
Is Cerrillos, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cerrillos is a Buyer's Market
Difference Since May 2024
Since last year, Cerrillos has remained a Buyer's Market.
Cerrillos is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Cerrillos have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Cerrillos was $389,500 in May 2025, up 8.6% from last year, and the median price per square foot was $308.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Sandia Park | $519K | $619.6K | +19.4% |
Cerrillos | $358.7K | $389.5K | +8.6% |
Santa Fe South | $667.6K | $690K | +3.4% |
Lamy | $925K | $950K | +2.7% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $358.7K | $349.5K | -2.6% |
22 Bedrooms | $356.7K | $511K | +43.2% |
33 Bedrooms | $140K | $452.2K | +223.0% |
44 Bedrooms | $1.3M | $357.5K | -73.7% |
55+ Bedrooms | - | - | N/A |
Summary: Cerrillos housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -2.6%. The home price for 2 bedroom homes increased by +43.2%. The home price for 3 bedroom homes increased by +223.0%. The home price for 4 bedroom homes decreased by -73.7%. The home price for 5 bedroom homes did not change.
How does Cerrillos, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Cerrillos, NM
Housing supply in Cerrillos, NM
How many homes are available in Cerrillos, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
17Last MonthMay 2025 | ||
152 months agoApr 2025 | +13.3 % Change MoMApr – May |
Summary: The Cerrillos real estate market had 17 homes for sale in May 2025, a 13.3 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthMay 2025 | ||
12 months agoApr 2025 | 0.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 4 | +33.3% |
22 Bedrooms | 6 | 6 | 0.0% |
33 Bedrooms | 5 | 5 | 0.0% |
44 Bedrooms | 0 | 1 | +100.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Cerrillos housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Cerrillos, NM cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
If you're buying a home in Cerrillos, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Cerrillos in May 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Cerrillos, NM
How long does it take to sell a home in Cerrillos, NM?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in Cerrillos are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 1 homes were sold in Cerrillos; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
27 DaysThis YearMay 2025 | ||
52 Days1 year agoMay 2024 | -48.1 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Cerrillos had an average listing age of 27 days in May 2025, down by 48.1% compared to the previous year.
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Newest Listings in Cerrillos, NM
What homes are available in Cerrillos, NM?
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, Southwest Multiple Listing Service, MLS of Oklahoma, and MLS Technology Inc. for the period 06/01/2023 - 06/01/2025

Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 6:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 6:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 6:14:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 6:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.