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Short Sale Listings in Cerritos, CA

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Cerritos, CA Foreclosures

Current Market Conditions in in Cerritos, CA As of February 2026?
In the past month, Cerritos has experienced a slight increase in home listings, offering buyers more choices than in previous months. The average home price has stabilized as new properties hit the market, calming some of the rapid appreciation seen earlier in the year. This balance is critical amid rising interest rates, which have made some prospective buyers hesitant.
How much do homes sell for in Cerritos, CA?
The average home price is currently $1,182,873.
In Cerritos, CA, how many homes are available?
There are currently 14 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 $101,861,996.
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, California is a vibrant city located in Los Angeles County blending suburban tranquility with urban convenience. Known for its excellent schools, well-planned neighborhoods, and various recreational amenities, Cerritos offers residents a family-friendly atmosphere with a variety of parks and shopping venues. The city hosts a multicultural community, making it a welcoming place for individuals from different backgrounds.

Buyer vs Seller Market in Cerritos, CA

The Cerritos real estate market is witnessing a steady demand for family homes as new buyers are drawn to the area's schools and amenities. Single-family homes are particularly popular, as families seek larger properties with yards and extra space for children. In the last year, home values have appreciated steadily due to the limited inventory and high buyer interest.

Cerritos has seen an influx of tech-savvy individuals and remote workers seeking suburban lifestyles. This has also contributed to the rise in home prices, as demand continues to outpace supply. Due to its desirable location, the market conditions in Cerritos are expected to remain favorable, attracting more investments in residential properties.

Home Value Estimator For Cerritos, CA

There are currently 15,268 real estate properties in Cerritos, CA, with a median automated valuation model (AVM) price of $1,081,669.00. 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 $1,182,873.00, with the most expensive house in Cerritos, CA, topping out at $101,861,996.00 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 Short Sale Listings

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