Market at a Glance
A high-level overview of Cerritos's dynamic real estate landscape as of mid-2025. These key metrics provide a quick snapshot of current market conditions for both buyers and renters.
Median Sold Price
$1.1M
July 2025
Days to Pending
16
Median Time on Market
Sale-to-List Ratio
100.8%
Average, July 2025
10-Year Appreciation
+84.6%
2014 - 2023
Market Deep Dive
Explore the nuances of Cerritos's housing market. Select your perspective to see data tailored for either prospective buyers or renters, revealing key trends in pricing and demand.
Comparing Cerritos Home Price Metrics
Historical Price Trajectory (2014-2023)
Explore Cerritos's Neighborhoods
Home values vary significantly across Cerritos. Click a neighborhood to learn more about its specific value drivers and what makes it unique.
Rancho Estates
Most valuable, large lots
El Dorado Park Estates
Proximity to park, community feel
Lakewood Village
Suburban comfort, accessibility
Granada Park/Tiburon
Safety, top-rated schools
Cerritos East
Safety record, recreational amenities
Shadow Park
Gated community, high homeownership
Understanding the Costs
Beyond the listing price, homeownership in Cerritos involves additional costs. This section breaks down property tax and other financial realities.
Property Tax Estimate
Property taxes in California are typically around 1.25% of the purchase price, but this can vary. Use this calculator for a quick estimate.
Estimated Annual Tax:
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Rental Affordability
To live comfortably and spend no more than 30% of income on rent, a household needs to meet a certain income threshold. Compare this to the city's median household income.
Income Needed to Afford Rent
$110,316
For Average Rent
vs
$133,953
Median Household Income
The typical Cerritos household can comfortably afford the average rental price.
City Profile: Demographics & Housing
Cerritos's real estate market is built on a foundation of a unique demographic profile and a robust economy. These charts highlight the city's population and housing composition.