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NM area data

Cerrillos, NM

Cerrillos, NM.

Population: 1,135 (Census ACS)

Home values & appreciation

Median home value
$400,138
1-year appreciation
+2.1%
3-year appreciation
+0.3%
5-year appreciation
+4.6%
10-year appreciation
+68.9%
All-time peak (2024-11)
$402,951
House Price Index
406.5 (+0.8% YoY)

Market activity

Median sale price
$386,500
Median list price
$565,000
Median days on market
105 days
Sale-to-list ratio
105.9%
Active listings
10
1-year forecast
0.0%

Rents

2-bedroom fair-market rent (HUD reference)
$1,319/mo
3BR fair-market rent
$1,715/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
lightning, wildfire, winterWeather, drought, inlandFlooding
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
Good
Median AQI (annual)
44
Days with Good air quality
284

Walkability & transit

Walkability index
5.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
5
Nearest national park
Pecos National Historical Park (27 mi)
Nearest airport
Santa Fe Municipal Airport (SAF) (15 mi)
Nearest major airport
Santa Fe Municipal Airport (SAF) (15 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Excellent (5.5 kWh/m²/day)

Migration

Net migration
+263 tax filers

Housing stock

Median year housing built
1,982
Median annual property tax
$1,475
Households with broadband internet
36.3%

Employment & development

Total county employment
46,542
Average weekly wage
$1,056
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
244

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