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The average Cerrillos, NM home value is $382,807, up 1.0% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $382,807
1-Year Value Change: +1%
(Data through August 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Cerrillos, NM is $382,807 as of August 2026. This represents a 0.3% decrease compared to last month and a 1.0% increase year-over-year.
Home values in Cerrillos, NM have decreased by 0.3% month-over-month and 1.0% year-over-year.
The median home value in Cerrillos, NM ($382,807) compares to: Santa Fe County ($552,709), New Mexico ($318,241), and the U.S. national median ($368,697).