Zip 90703 (Cerritos, CA) Housing

The housing in 90703 Cerritos, CA is quite expensive compared to the United States' median value of $338,100. The median house value in 90703 Cerritos, CA is $970,700 which is almost three times the US average. In addition, the 1 year house appreciation rate for the entire United States was 8.27%, while the 1 year appreciation rate for houses in 90703 Cerritos was 5.55%. This indicates that although housing in this area is expensive compared to other parts of the country, it has appreciated less than average over the last year.

The median home cost in Cerritos (zip 90703) is $970,700. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Cerritos (zip 90703) is up 14.3%.

Average Age of Homes

- The median age of Cerritos (zip 90703) real estate is 44 years old

The Rental Market in Cerritos (zip 90703)

- Renters make up 19.0% of the Cerritos (zip 90703) population
- 1.8% of houses and apartments in Cerritos (zip 90703), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cerritos, California	United States
	16,147.0	139,647,020.0
	48	42
	$970,700	$338,100
	14.3%	16.6%
	48.5%	57.0%
	115.7%	101.1%
	$6.33	$10.98
	$4,826	$2,690
	73.7%	57.4%
	2.8%	11.2%
	23.5%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.7%	3.9%
	0.2%	4.5%
	0.5%	11.3%
	1.1%	13.0%
	0.3%	20.1%
	2.1%	13.6%
	3.6%	8.3%
	37.9%	9.7%
	41.8%	3.9%
	8.8%	2.2%
	0.8%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.0%	13.6%
	1.0%	13.6%
	3.3%	13.6%
	8.2%	13.2%
	52.2%	14.8%
	3.3%	13.6%
	3.2%	10.0%
	0.7%	4.7%
	0.9%	12.2%

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