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CERRILLOS, NM 87010

Real Estate Market Report  ·  Santa Fe County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The CERRILLOS, NM real estate market (87010) currently shows 12 active listings, with 2 pending sales. Homes are averaging 158 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 158 days on market compared to 98 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
2
17% pending ratio
Median Price
$595,000
⇧ 19.2% vs $499,000 last year
Average Price
$590,091
⇩ 10.7% vs $661,132 last year
Days on Market
158
⇧ 61.2% vs 98 days last year

Price Per Square Foot

Median $/sqft
$369
⇧ 36.2% vs $271/sqft last year
Median Home Size
1,424 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 158 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $595,000 (+19.2% YoY)
  • Average: $590,091 (-10.7% 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 — 700 listings ($769,036,312 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87010Cerrillos, NM 870100.0 mi12$7,229,196$637,000$602,433
87047Sandia Park, NM 8704713.4 mi27$24,377,949$699,000$902,887
87507Santa Fe, NM 8750715.0 mi197$122,979,220$529,000$624,260
87043Placitas, NM 8704319.2 mi50$37,403,250$708,000$748,065
87505Santa Fe, NM 8750521.2 mi135$176,379,120$837,000$1,306,512
87008Cedar Crest, NM 8700822.9 mi13$6,168,760$441,500$474,520
87535Glorieta, NM 8753524.5 mi2$1,235,000$617,500$617,500
87004Bernalillo, NM 8700425.4 mi31$16,955,078$460,000$546,938
87562Rowe, NM 8756227.0 mi1$539,000$539,000$539,000
87544Los Alamos, NM 8754428.3 mi34$17,989,264$402,000$529,096
87113Albuquerque, NM 8711328.7 mi37$24,091,588$454,700$651,124
87048Corrales, NM 8704829.8 mi35$42,372,225$975,000$1,210,635
87506Santa Fe, NM 8750630.2 mi126$291,316,662$1,990,000$2,312,037

Frequently Asked Questions

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

As of February 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 February 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 158 days on the market before going under contract, compared to 98 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 February 2026, CERRILLOS, NM 87010 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 158 days on market compared to 98 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.