House Prices

House Prices & Home Values Cerro, NM 2026


Average Data

average house price$241,334
average size per house1227 ft²
average price per ft²197 $ / ft²

04/04/2026 - The value range (VR) for house prices in Cerro, NM is $197/ sqft to $197/ sqft. An average home with 1227 sqft costs approximately $241,719 to $241,719. Cerro, NM includes 1 ZIP codes and it is located in Taos county. The lowest prices are found in ZIP 87519, while the highest are in ZIP 87519. The average price per sqare feet is $197. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Cerro

87519190 $ / ft²




Historical development of home values in Cerro

Year Estimated value (USD) Change vs. 2025
2010 $112,080 -53.6%
2011 $107,746 -55.4%
2012 $107,456 -55.5%
2013 $111,472 -53.8%
2014 $117,015 -51.5%
2015 $123,021 -49.0%
2016 $129,441 -46.4%
2017 $136,427 -43.5%
2018 $143,969 -40.3%
2019 $150,645 -37.6%
2020 $158,433 -34.4%
2021 $180,200 -25.3%
2022 $210,073 -13.0%
2023 $221,532 -8.2%
2024 $234,348 -2.9%
2025 $241,334 0.0%

Graph: estimated home values in Cerro over time (USD)



Example: 100% financing house in Cerro

Loan amount: $241,334

Interest rate: 6.00%

Fixed monthly payment: $1,446.92

Breakdown in the 1st month:
Interest portion: $1,206.67  –  Principal portion: $240.25

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,399.42 $2,963.61 $238,370.39
2 $14,216.63 $3,146.40 $235,223.99
3 $14,022.57 $3,340.46 $231,883.53
4 $13,816.54 $3,546.49 $228,337.04
5 $13,597.80 $3,765.23 $224,571.80
6 $13,365.57 $3,997.47 $220,574.34
7 $13,119.01 $4,244.02 $216,330.32
8 $12,857.25 $4,505.78 $211,824.53
9 $12,579.34 $4,783.69 $207,040.84
10 $12,284.29 $5,078.74 $201,962.11
11 $11,971.05 $5,391.98 $196,570.13
12 $11,638.48 $5,724.55 $190,845.58
13 $11,285.41 $6,077.63 $184,767.95
14 $10,910.55 $6,452.48 $178,315.47
15 $10,512.58 $6,850.45 $171,465.02
16 $10,090.06 $7,272.98 $164,192.04
17 $9,641.47 $7,721.56 $156,470.49
18 $9,165.23 $8,197.81 $148,272.68
19 $8,659.60 $8,703.43 $139,569.25
20 $8,122.79 $9,240.24 $130,329.01
21 $7,552.88 $9,810.15 $120,518.86
22 $6,947.81 $10,415.22 $110,103.64
23 $6,305.42 $11,057.61 $99,046.03
24 $5,623.41 $11,739.62 $87,306.41
25 $4,899.34 $12,463.69 $74,842.71
26 $4,130.60 $13,232.43 $61,610.28
27 $3,314.46 $14,048.58 $47,561.71
28 $2,447.97 $14,915.06 $32,646.65
29 $1,528.04 $15,834.99 $16,811.66
30 $551.37 $16,811.66 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Cerro, NM


1500 sqft3900 sqft
Ø selling price$357,555$760,618
Ø fast selling$325,050$684,556
Ø high price sale$390,061$836,679

In 2026, houses in Cerro, NM will be offered at an average price of $197 per square foot. A 1,500 sqft home priced at $357,555 is 22.17% more expensive per square foot than a 3,900 sqft home priced at $760,618. Home prices in Cerro, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $526,581. Sellers who can wait longer may achieve a higher price of up to $643,599.

FAQ – Home Values in Cerro

What is the median home value in Cerro in 2026?

In 2026, the typical home value in Cerro is about $241,334 for an average home size of 1227 square feet. This corresponds to an average price of roughly $197 per square foot.

What is the average cost per square foot in Cerro?

In 2026, homes in Cerro sell for an average of around $197 per square foot, with a typical range between $197 and $197 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Cerro is about 1227 square feet, with an estimated 2026 value around $241,334.



Locations close to Cerro, NM

Chama, NM282 $ / ft²
Chamisal, NM327 $ / ft²
Chimayo, NM288 $ / ft²
Cebolla, NM76 $ / ft²
Carson, NM397 $ / ft²
Canones, NM560 $ / ft²
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