Market Overview
Home Prices in Cerritos, CA
The median home value in Cerritos, CA is $1,104,451 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cerritos are priced169% above average. Cerritos is part of the Los Angeles-Long Beach-Anaheim, CA metro area.
Over the past five years, Cerritos home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Cerritos Home Price Trend
City Comparison
Cerritos vs. National Median
At $1,104,451, homes in Cerritos cost 169% above the national median of $410,000. Buyers in Cerritos should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Cerritos?
20% Down Payment
$220,890
on $1,104,451
Monthly P&I
$5,760/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,315/mo
incl. taxes & insurance
Income Needed
$292,600
gross annual (30% rule)
10% Down Option
$110,445
+ PMI applies
Loan Amount (20% dn)
$883,561
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cerritos, CA?
The median home value in Cerritos is $1,104,451 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Cerritos?
Over the past year, home values in Cerritos have increased by 2.7%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Cerritos?
To comfortably afford the median home price of $1,104,451 with a 20% down payment ($220,890) at today's rates (6.8%), you'd need a gross annual income of approximately $292,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Cerritos compare to the national average home price?
The national median home value is approximately $410,000. At $1,104,451, homes in Cerritos are 169% above the national average.
What metro area is Cerritos part of?
Cerritos is part of the Los Angeles-Long Beach-Anaheim, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.