Zip 87010 (Cerrillos, NM) Housing

Housing in 87010 Cerrillos, NM is much more expensive than the median value of housing in the US. The median value of housing in 87010 Cerrillos, NM is $377,500, which is significantly higher than the US median value of $338,100. Additionally, the 1 year appreciation rate for housing in Cerrillos is 13.83%, which is 5.56% higher than the US rate of 8.27%. Overall, it appears that real estate in this area is much more expensive and growing faster than other areas in the country.

The median home cost in Cerrillos (zip 87010) is $377,500. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Cerrillos (zip 87010) is up 16.7%.

Average Age of Homes

- The median age of Cerrillos (zip 87010) real estate is 30 years old

The Rental Market in Cerrillos (zip 87010)

- Renters make up 17.5% of the Cerrillos (zip 87010) population
- 0.0% of houses and apartments in Cerrillos (zip 87010), 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	Cerrillos, New Mexico	United States
	838.0	139,647,020.0
	35	42
	$377,500	$338,100
	16.7%	16.6%
	56.4%	57.0%
	71.2%	101.1%
	$4.43	$10.98
	$1,350	$2,690
	44.3%	57.4%
	26.6%	11.2%
	29.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	0.0%	0.4%
	7.2%	3.6%
	17.8%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	5.7%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	3.2%	4.5%
	3.2%	11.3%
	17.0%	13.0%
	17.0%	20.1%
	30.2%	13.6%
	10.2%	8.3%
	8.9%	9.7%
	2.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.1%	13.6%
	6.1%	13.6%
	24.2%	13.6%
	32.8%	13.2%
	5.0%	14.8%
	24.2%	13.6%
	0.0%	10.0%
	3.3%	4.7%
	20.2%	12.2%

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