Current Price

$370,652

1 Month Forecast

â–² $393,025

1-Year Forecast *

â–² $400,607

5-Year Forecast *

â–² $419,014

"Is it a good time to buy homes in Cerrillos?" "Does investing in real estate in Cerrillos (New Mexico State, Santa Fe County) worth it?" According to our live Forecast System, buying a house in Cerrillos is a acceptable short-term (1-year) investment*. The Cerrillos average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Cerrillos" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Cerrillos in New Mexico State, Santa Fe County. If you are looking for homes for sale with good flipping profit, Cerrillos can be a profitable property investment option. The median price of an average house in Cerrillos was 370,652 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Cerrillos" area is 419,014 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +13.05% meaning that investing 100000 USD today may yield a profit of 13,048 USD by 2031.

Current Median Listing Price: 370,652 USD Median Listing Price Per Square Foot: 206 USD

Cerrillos Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Cerrillos (New Mexico State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Cerrillos Price Target

Cerrillos median home price target in 12 months: $400,607* (upside of 8.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $400,371 $390,073 $390,073 $400,371
2024 $364,440 $370,652 $359,528 $370,766
2023 $352,514 $366,625 $351,781 $366,825
2022 $343,869 $354,085 $343,869 $367,408
2021 $315,277 $343,209 $315,277 $348,233
2020 $283,190 $310,821 $283,190 $310,821
2019 $247,941 $280,300 $247,941 $280,300
2018 $236,672 $244,709 $236,672 $244,709
2017 $213,876 $233,736 $213,876 $233,736
2016 $223,149 $213,809 $213,809 $223,149
2015 $213,386 $225,004 $213,386 $225,351
2014 $191,514 $214,225 $191,514 $214,225
2013 $198,707 $190,135 $188,858 $198,707
2012 $206,321 $197,912 $194,994 $206,321

Questions & Answers about the Cerrillos Housing Market Forecast

How much does an average home cost in Cerrillos today?

The value of an average home (the listing price) in Cerrillos is $370,652 USD.

What is the average price per square foot in Cerrillos?

According to Walletinvestor the median price per square foot in Cerrillos is 206 USD.

Will the median listing price of homes in Cerrillos grow / rise / go up?

Yes. The Cerrillos home prices may rise from 370,652 USD to 400,607 USD in one year.

Is it profitable to invest in Cerrillos homes?

Yes. The long-term profit potential is +8.08% in one year.

Will Cerrillos house prices fall / drop?

No. See above.

What is the predicted price of a Cerrillos home in 2030?

The predicted home sales price of a Cerrillos home in 2030 in Cerrillos is 418,944 USD.

What is the predicted price of a Cerrillos home in 2035?

The predicted home sales price of a Cerrillos home in 2035 in Cerrillos is 436,172 USD.

Will real estate prices decrease in Cerrillos?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Cerrillos is the 20010. largest city in the United States, located in New Mexico State.

During the last 12 months the real estate prices in Santa Fe, Cerrillos decreased, looking at the past 12 months.

According to Walletinvestor's Cerrillos real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.278% to 370,652 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 9.802% in 2021
  • 8.432% in 2022
  • 7.002% in 2023
  • 7.272% in 2024
  • 8.672% in 2025
  • 8.182% in 2026

Based on our Cerrillos real estate market research and report the predicted sales prices will increase by 117.531% in the next 10 years.

Over the last 12 months, the value of homes in Cerrillos fluctuated: decreasing 5 times.

Cerrillos (New Mexico) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Cerrillos Housing Market Forecast with Real Estate Prices for 2025
August 2025 393025 367871 418178
September 2025 395998 375406 416590
October 2025 398994 368671 429318
November 2025 402013 373470 430556
December 2025 402776 379818 425734
Cerrillos Housing Market Forecast with Real Estate Prices for 2026
January 2026 401680 365930 437429
February 2026 399252 377293 421211
March 2026 397817 369970 425664
April 2026 397526 370097 424956
May 2026 397308 363935 430682
June 2026 398073 364635 431511
July 2026 400607 376570 424643
August 2026 403638 364889 442387
September 2026 406692 366023 447361
October 2026 409769 383544 435994
November 2026 411905 386779 437031
December 2026 411163 382382 439944
Cerrillos Housing Market Forecast with Real Estate Prices for 2027
January 2027 408678 377209 440146
February 2027 406207 375742 436673
March 2027 403752 378719 428784
April 2027 402258 380938 423577
May 2027 401349 362820 439879
June 2027 399569 368802 430336
July 2027 398738 367636 429840
August 2027 399676 376096 423257
September 2027 402701 373303 432098
October 2027 405747 366796 444699
November 2027 408817 368345 449290
December 2027 411230 388201 434259
Cerrillos Housing Market Forecast with Real Estate Prices for 2028
January 2028 411333 375959 446708
February 2028 410652 375746 445557
March 2028 410258 389334 431181
April 2028 411315 383346 439284
May 2028 411109 380687 441531
June 2028 408658 375148 442168
July 2028 406188 378974 433403
August 2028 404118 377446 430790
September 2028 404258 382832 425684
October 2028 405413 370953 439873
November 2028 406358 368973 443743
December 2028 407625 372569 442680
Cerrillos Housing Market Forecast with Real Estate Prices for 2029
January 2029 410054 371509 448599
February 2029 413156 390433 435880
March 2029 416282 377568 454997
April 2029 416575 376584 456566
May 2029 416447 388545 444349
June 2029 419598 378057 461138
July 2029 418944 388780 449108
August 2029 416477 381909 451045
September 2029 413959 382912 445006
October 2029 411457 376072 446842
November 2029 409579 388281 430877
December 2029 409382 370081 448682
Cerrillos Housing Market Forecast with Real Estate Prices for 2030
January 2030 412479 382368 442590
February 2030 415600 392326 438874
March 2030 418744 391107 446382
April 2030 421913 393645 450181
May 2030 422713 397773 447653
June 2030 421563 387838 455288
July 2030 419014 390102 447926
August 2030 417509 378263 456754
September 2030 417204 386748 447660
October 2030 416975 395292 438658
November 2030 417777 396053 439501
December 2030 420437 387643 453231
Cerrillos Housing Market Forecast with Real Estate Prices for 2031
January 2031 423618 392694 454542
February 2031 426823 384994 468652
March 2031 430052 391348 468757
April 2031 432294 399872 464716
May 2031 431515 390953 472078
June 2031 428907 406604 451210
July 2031 426314 393488 459140
August 2031 423737 397042 450433
September 2031 422169 395572 448766
October 2031 421216 382464 459968
November 2031 419347 381606 457088
December 2031 418475 387090 449861
Cerrillos Housing Market Forecast with Real Estate Prices for 2032
January 2032 419460 387162 451759
February 2032 422634 395163 450105
March 2032 425832 394746 456917
April 2032 429054 402881 455226
May 2032 431585 406985 456186
June 2032 431694 391546 471841
July 2032 430979 387881 474077

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.