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NM area data

Cerro, NM

Cerro, NM.

Population: 798 (Census ACS)

The median home value in Cerro, NM is $446,500. Homes sell for a median $339,000 after a median 62 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with avalanche, lightning, winterweather the top-rated hazards. Cost of living is 7.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$446,500

Median home value

62

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$446,500
House Price Index (state)
406.5 (+0.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$339,000
Median list price
$339,000
Median price per sqft
$178
1-year sale-price change
-3.1%
Median days on market
62 days
Homes sold (recent period)
1
Active listings
2

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$882/mo
1BR fair-market rent
$1,103/mo
2BR fair-market rent
$1,319/mo
3BR fair-market rent
$1,715/mo
4BR fair-market rent
$1,979/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
avalanche, lightning, winterWeather, inlandFlooding, landslide
Notable hazard ratings (county)
avalanche: Relatively High · coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · inlandFlooding: Relatively Moderate · landslide: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 92% of US counties
Buildings in wildfire direct-exposure zone
85.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Chevron Questa Mine (8.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
62.0°F
Average low
29.0°F
Annual precipitation
16.5 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
20
Days with Good air quality
332
Days with Moderate air quality
18
Highest AQI recorded (year)
67

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
4.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
307
Jobs reachable by transit (45 min)
363

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
4
Nearest airport
Questa Municipal Nr 2 Airport (3 mi)
Nearest major airport
Taos Regional Airport (TSM) (22 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
HOLY CROSS HOSPITAL A DIV OF TAOS HEALTH SYSTEMS
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Good (5.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+126 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,985
Housing built before 1970
33.3%
Housing built 2000 or later
0.0%
Median annual property tax
$741
Households with broadband internet
75.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
8,938
Average weekly wage
$786
Top industries (by employment)
Accommodation & Food, Health Care, Arts & Entertainment
Annual residential building permits (county)
125

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

CerroState medianUS median
Median sale price$339,000$325,000$325,000
Median days on market62 days90 days51 days
Median annual property tax$741$929$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Cerro, NM?
$446,500.
What is the median sale price in Cerro, NM?
$339,000.
How long do homes take to sell in Cerro, NM?
Median days on market: 62 days.
What is typical rent in Cerro, NM?
2-bedroom fair-market rent: $1,319/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Cerro, NM?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: avalanche, lightning, winterWeather, inlandFlooding, landslide.
Is Cerro, NM in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Cerro, NM?
Risk to homes is higher than 92% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Cerro, NM?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Cerro, NM?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Cerro, NM walkable?
Walkability index: 4.3/20 (EPA Smart Location Database).
What is the air quality in Cerro, NM?
Good. Median AQI: 20. (EPA AQI).
What is the cost of living in Cerro, NM?
Regional Price Parity: 92.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Cerro

Selling a home in Cerro, NM?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents