What is the median home value in Cerritos, CA?

The median value of owner-occupied homes in Cerritos, CA is $935,300 (±$15,183), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Cerritos, the median home value went from $685,300 in 2015–2019 to $935,300 in 2020–2024 (+36.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$935,300 (±$15,183)
Owner-occupied homes
12,193 (±533)
Most common range
$500,000 to $999,999

Home values in Cerritos

Owner-occupied homes by value, 2020–2024
ValueCerritosLos Angeles CountyCaliforniaUnited States
Less than $50,0001.3% (±0.9 points)1.9%2.5%5.3%
$50,000 to $99,9990.6% (±0.4 points)1.5%1.7%6.1%
$100,000 to $149,9990.4% (±0.4 points)1.0%1.3%6.8%
$150,000 to $199,9990.2% (±0.2 points)0.6%1.4%9.0%
$200,000 to $299,9991.7% (±1.1 points)1.4%4.3%17.8%
$300,000 to $499,9991.7% (±0.7 points)9.2%17.1%26.9%
$500,000 to $999,99955.4% (±3.1 points)51.4%42.1%20.9%
$1,000,000 or more38.7% (±3.2 points)33.0%29.6%7.1%

The most common range is $500,000 to $999,999, 55.4% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Cerritos against Los Angeles County, its state and the nation

Estimate (90% margin of error)
CerritosLos Angeles CountyCaliforniaUnited States
Median home value$935,300 (±$15,183)$834,200 (±$2,194)$734,700 (±$1,307)$332,700
Owner-occupied homes12,193 (±533)1,567,983 (±9,447)7,567,568 (±37,334)84,210,142

In Cerritos, the median home value is higher than in Los Angeles County ($834,200).

It is also higher than in California ($734,700).

It is higher than the national figure ($332,700).

In Los Angeles County, Cerritos ranks 43 of 139 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 260 of 1,059.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Cerritos have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$685,300 (±$8,130)$935,300 (±$15,183)+36.5%Up after inflation
Median owner cost with a mortgage$2,665 (±$84)$3,307 (±$128)+24.1%No measurable change after inflation
Median real estate taxes$4,176 (±$155)$5,711 (±$332)+36.8%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Cerritos

Nearest places with a published estimate, compared with Cerritos
PlaceDistanceMedian home valueCompared with this place
Cerritos—$935,300 (±$15,183)—
Artesia0.6 mi$776,600 (±$53,634)Lower
La Palma2.1 mi$973,600 (±$38,158)Not measurably different
Hawaiian Gardens2.6 mi$554,100 (±$77,846)Lower
Norwalk2.9 mi$644,700 (±$8,161)Lower
Lakewood3.3 mi$827,200 (±$7,022)Lower
Bellflower3.6 mi$705,700 (±$20,723)Lower
Buena Park3.6 mi$838,800 (±$13,578)Lower
Cypress3.8 mi$913,900 (±$18,564)Not measurably different

Nearby places with a measurably lower figure: Artesia, CA ($776,600), Hawaiian Gardens, CA ($554,100), Norwalk, CA ($644,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Los Angeles County, place by place

RankPlaceMedian home value
37Walnut$1,014,000 (±$37,527)
38Pepperdine University$979,700 (±$451,473)
39East San Gabriel$962,200 (±$35,603)
40Temple City$961,800 (±$20,633)
41San Gabriel$945,700 (±$24,956)
42Avalon$936,000 (±$100,720)
43Cerritos$935,300 (±$15,183)
44Agua Dulce$933,400 (±$97,271)
45Del Aire$928,600 (±$32,793)
46West Hollywood$924,800 (±$63,354)
47Los Angeles$921,200 (±$4,782)
48Vernon$916,700 (±$166,194)
49Monrovia$909,400 (±$25,157)

Showing 13 of 139 places in Los Angeles County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cerritos

What is the average home value in Cerritos, CA?

The Census Bureau publishes the median: $935,300 (±$15,183) for owner-occupied homes in Cerritos (2020–2024 American Community Survey).

Have home values in Cerritos gone up?

In Cerritos, the median home value went from $685,300 in 2015–2019 to $935,300 in 2020–2024 (+36.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Cerritos sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cerritos city, California (place:12552, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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