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Housing in El Cerro

17 homes sold in El Cerro in the last year, at a typical $480K

Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where El Cerro homes are listed.

Homes sold
17
October 2025 to September 2026
Typical sale price
$480K
median, weighted by sales
Price per square foot
$219
New Mexico $211
Paid vs. asking
97.2%
18% sold over asking
For sale now
5
September 2026 · 1 sold that month
What sold · last 12 months

Houses are 0% of El Cerro’s sales, at a typical — (year to May 2026)

17 homes sold in the year to September 2026.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

17 sales in the last year, against 32 in 2016 and a low of 16 in 2023. The typical sale went from $231K in 2016 to $480K.

Homes soldTypical sale price
012253750$225K$350K$475K$600K2012: 18 sold, typical $192K’122013: 26 sold, typical $224K2014: 19 sold, typical $186K’142015: 23 sold, typical $251K2016: 32 sold, typical $231K’162017: 26 sold, typical $232K2018: 26 sold, typical $245K’182019: 27 sold, typical $290K2020: 25 sold, typical $285K’202021: 30 sold, typical $378K2022: 20 sold, typical $432K’222023: 16 sold, typical $470K2024: 20 sold, typical $406K’242025: 26 sold, typical $471KLast 12 months: 17 sold, typical $480KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

Rent or buy?

Owning the typical El Cerro home costs about $2,743 a month

Mortgage
Property tax
Insurance
Rent

Price: El Cerro’s typical sale, last 12 months. Property tax at El Cerro’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether El Cerro is affordable on local pay is on Cost of living.

Before you buy in El Cerro

Five things worth knowing

0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $480K home, about $2,860 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for El Cerro, from test results, graduation and how much students grow.

Schools in El Cerro
28 min

Typical commute

The average one-way trip to work for people who live in El Cerro.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to El Cerro, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to El Cerro. People who follow the town see it, and so do people comparing El Cerro with their own town. No commission, no listing fee.

Questions about buying a home in El Cerro

What do homes sell for in El Cerro, NM?

17 homes sold in the year to September 2026 at a typical $480K, $219 a square foot.

Is El Cerro a buyer’s or seller’s market?

A seller’s market: 5 homes were for sale in September 2026 and 1 sold, about 2.9 months of supply. Buyers paid 97.2% of asking on average.

How much are property taxes in El Cerro?

About 0.6% of a home’s value a year. On a $480K home that’s near $2,860.

Where can I see homes for sale in El Cerro?

Zillow, Redfin, Realtor.com and Homes.com all carry El Cerro’s MLS listings; the search links above open each one filtered to El Cerro.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).