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Foreclosure Homes in Cerritos, CA

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Cerritos, CA Foreclosures

How much do homes sell for in Cerritos, CA?
The average home price is currently $1,208,686.
In Cerritos, CA, how many homes are available?
There are currently 43 active home listings available in Cerritos.
What’s the average rental cost in Cerritos, CA?
The average rental price in Cerritos is $3,191.
What is the most expensive home in Cerritos?
The most expensive home sold in Cerritos had a price of $105,582,488.
What is currently the cheapest priced home in Cerritos, CA?
The cheapest home for sale in Cerritos is priced at $82,200.

Living in Cerritos, CA

Cerritos, CA is a thriving city strategically located in Los Angeles County. With a rich cultural scene, multiple shopping centers, and outstanding recreational facilities, Cerritos is perfect for families and young professionals. The city is known for its tight-knit community, excellent schools, and ample green spaces, making it a desirable place to call home.

Current Market Conditions in Cerritos, CA

The real estate market in Cerritos is currently competitive, with a steady increase in home prices due to high demand and limited inventory. The city's appeal, thanks to its great schools and family-friendly ambiance, has attracted many buyers, which sustains the upward trend in property values.

Investors are noticing Cerritos for its potential for appreciation and rental yields. As more young families and professionals look to settle in the area, the demand for housing continues to rise, creating a favorable environment for real estate investments.

Home Value Estimator For Cerritos, CA

There are currently 15,262 real estate properties in Cerritos, CA, with a median automated valuation model (AVM) price of $1,104,458.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cerritos, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cerritos, CA, is $1,208,686.00, with the most expensive house in Cerritos, CA, topping out at $105,582,488.00 and the cheapest home in Cerritos, CA, clocking in at $82,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Cerritos, CA!

Rent Prices In Cerritos, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cerritos, CA, is on a rollercoaster ride. The average rent price in Cerritos, CA, is $3,191.00. Indeed, when looking to rent in Cerritos, CA, you can expect to pay as little as $1,500.00 or as much as $6,580.00, with the average rent median estimated to be $3,210.00. The good news is that finding an affordable and desirable property to rent in Cerritos, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cerritos, CA Foreclosures

Market Trend for Cerritos, CA

Total Listings Available: 43

Market Values:

Home Prices from $82,200 to $105,582,488

Average Sales Price: $1,208,686

Rental Values:

Rental from $1,500 to $6,580

Average Rent Value: $3,191 / month

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