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CERRILLOS, NM 87010

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CERRILLOS, NM real estate market (87010) currently shows 12 active listings, with 1 pending sales. Homes are averaging 145 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 145 days on market compared to 96 days last year.

The median listing price has risen 19.2% year-over-year, from $499,000 to $595,000.

Whether you are buying or selling in CERRILLOS, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,073  ·  Density: 2.5/mi²  ·  Median household income: $37,285

Typical home value: $337,623  ·  Homeownership: 55.9%

Market Overview

Active Listings
12
vs 12 last year
Pending
1
8% pending ratio
Median Price
$595,000
⇧ 19.2% vs $499,000 last year
Average Price
$601,693
⇩ 8.9% vs $660,556 last year
Days on Market
145
⇧ 51% vs 96 days last year

Price Per Square Foot

Median $/sqft
$281
⇧ 4.1% vs $270/sqft last year
Median Home Size
1,461 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 145 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $595,000 (+19.2% YoY)
  • Average: $601,693 (-8.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.2 miles — 512 listings ($626,283,166 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87010Cerrillos, NM 870100.0 mi12$7,081,092$595,000$590,091
87047Sandia Park, NM 8704713.4 mi25$26,126,850$742,500$1,045,074
87540Lamy, NM 8754014.6 mi14$16,221,842$992,500$1,158,703
87043Placitas, NM 8704319.2 mi51$41,423,883$746,988$812,233
87505Santa Fe, NM 8750521.2 mi137$156,106,979$753,750$1,139,467
87008Cedar Crest, NM 8700822.9 mi15$7,181,775$444,100$478,785
87535Glorieta, NM 8753524.5 mi4$2,390,000$597,500$597,500
87004Bernalillo, NM 8700425.4 mi25$13,326,825$507,500$533,073
87562Rowe, NM 8756227.0 mi1$629,000$629,000$629,000
87544Los Alamos, NM 8754428.3 mi30$16,089,000$402,000$536,300
87113Albuquerque, NM 8711328.7 mi40$25,686,680$449,750$642,167
87048Corrales, NM 8704829.8 mi38$44,375,640$952,500$1,167,780
87506Santa Fe, NM 8750630.2 mi120$269,643,600$1,971,250$2,247,030

Frequently Asked Questions

How many homes are for sale in CERRILLOS, NM 87010?

As of March 2026, there are 12 active listings in CERRILLOS, NM (zip code 87010), compared to 12 the prior year.

What is the median home price in CERRILLOS, NM 87010?

The median listing price in CERRILLOS, NM 87010 is $595,000 as of March 2026, a 19.2% increase from $499,000 the prior year.

How long do homes stay on the market in CERRILLOS, NM?

Homes in CERRILLOS, NM 87010 spend an average of 145 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in CERRILLOS, NM 87010?

Based on current inventory and days-on-market data as of March 2026, CERRILLOS, NM 87010 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 145 days on market compared to 96 days last year.

How much can I save on real estate commission in CERRILLOS, NM?

With SELL123.com's maximum 3% commission, sellers in CERRILLOS, NM 87010 save an estimated $11,900 compared to a typical 5% commission on the median listing price of $595,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.