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Area data

Cerritos, CA — ZIP 90623

Population: 15,545 (Census ACS)

Home values & appreciation

Median home value
$1.21M
1-year appreciation
+3.7%
3-year appreciation
+17.5%
5-year appreciation
+36.1%
10-year appreciation
+98.0%
All-time peak (2026-07)
$1.21M
House Price Index
417.4 (-0.8% YoY)

Market activity

Median sale price
$1.22M
Median list price
$1.20M
Median days on market
31.5 days
Sale-to-list ratio
100.1%
Active listings
8
1-year forecast
-0.1%
New listings (monthly)
10

Rents

Typical rent
$3,925/mo
1BR fair-market rent
$2,510/mo
3BR fair-market rent
$4,020/mo

Affordability

Cost of living index (High)
113.3 (100 = US avg)
Electricity rate (state-level)
32.5¢/kWh
Natural gas rate (state-level)
$22.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
3
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
earthquake, inlandFlooding, coastalFlooding, heatWave, landslide
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
160
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
13.7 / 20
Transit service frequency
445

Amenities

National parks within ~60 mi
2
Nearest national park
Santa Monica Mountains National Recreation Area (45 mi)
Nearest airport
Fullerton Municipal Airport (FUL) (4 mi)
Nearest major airport
Los Alamitos Army Air Field (4 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
EV charging stations (within 10 mi)
945
Solar radiation rating
Good (5.2 kWh/m²/day)

Migration

Net migration
-14,994 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$5,989
Mean commute to work
27 min
Households with broadband internet
79.7%

Employment & development

Total county employment
1,493,591
Average weekly wage
$1,482
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
2,281

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents