The Cerritos housing market is very competitive. Homes in Cerritos receive 4 offers on average and sell in around 30 days. The median sale price of a home in Cerritos was $1.2M last month, up 21.1% since last year. The median sale price per square foot in Cerritos is $711, up 10.8% since last year.
What is the housing market like in Cerritos today?
In May 2025, Cerritos home prices were up 21.1% compared to last year, selling for a median price of $1.2M. On average, homes in Cerritos sell after 30 days on the market compared to 25 days last year. There were 22 homes sold in May this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,167,500
+21.1% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Cerritos, CA
$1,167,500
+21.1%
United States
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How hot is the Cerritos housing market?
Cerritos is very competitive. Homes sell in 30 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 30 days.
Hot homes
can sell for about 4% above list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Cerritos
Explore recent offers and recently sold homes in Cerritos
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$1M Offer
Sold for $1.25M
4bd | 2ba | ~1,500sqft
Over List Price
1%
Days on Market
22
Competing Offers
8
Down Payment
~60%
Alin Glogovicean
Cerritos Redfin Agent
Someone came in with cash and $100k over asking price and sealed the deal.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cerritos housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cerritos.
Flood Factor - Minor
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cerritos has a minor risk of flooding. 14 properties in Cerritos are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Cerritos. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cerritos has a moderate risk of wildfire. There are 131 properties in Cerritos that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Cerritos.