The median home in Cerrillos, New Mexico is valued at $376,792, down 2.5% year over year. Cerrillos is part of the Santa Fe, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Santa Fe, NM stress score, crash risk, and 12-month forecast →

Home Value$376,792

-2.5%

AFFORDABILITY

Enter your income for Cerrillos.

Income (annual)

Down Payment

$75,358 on $376,792

Out of reach — 36.6% of income

Need $98,143/yr to afford.

PITI$2,290

P/I36.6%

Afford$288K

Gap-$89K

P&I $1,905Tax $251Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Mexico

Compare Cerrillos with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Corrales$684K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K

Full Santa Fe, NM analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Santa Fe, NM metro.

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CERRILLOS, NM