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- Cerritos
- 90703 Housing Market
90703 Housing Market
Median List Price
$1,220,000
Updated August 2026
Today, the 90703 ZIP code in Cerritos, CA has 35 homes for sale at a median list price of $1,220,000, typically selling in about 29 days.
90703 Housing Market Overview
Buyers in the 90703 ZIP code are looking at a median list price of $1.2M. That sits close to the overall Cerritos figure. Since February, the median price has moved up about 9.7% to $1.3M as of July. The 90703 ZIP code has 35 active listings on the market right now. Pricing spreads from a $649,000 median for two bedroom homes to $1.5M for five bedroom homes.
90703 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.1 months of supply, and sale prices are up 11% over the last six months and 8% over the past year. At the same time, 31% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.22M
↑ 8% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.1 months of supply
Tight Supply35 active listings against the current sales pace works out to about 2.1 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~29 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 27% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90703 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
75%
Homeowners
25%
Renters
Homeownership is 19.5 points higher than the California average (55.5%)
15,763 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $275K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$378K)
Price Reductions
11 listings have reduced their price
31% of active listings
Average reduction: 4.3% (~$52K)
Browse 90703 Listings
Frequently Asked Questions about the 90703 Housing Market
What is the median home price in the 90703 ZIP code?
The median list price in the 90703 ZIP code is $1,220,000 as of August 2026, based on 35 active listings.
Is the 90703 ZIP code a buyer's market or a seller's market?
The 90703 ZIP code currently reads as a seller's market. Active inventory works out to about 2.1 months of supply at the recent sales pace.
How fast do homes sell in the 90703 ZIP code?
The average home currently for sale in the 90703 ZIP code has been on the market for 29 days.
Are home prices in the 90703 ZIP code going up or down?
The median sale price in the 90703 ZIP code is up about 8.1% compared with a year ago.
How many homes are for sale in the 90703 ZIP code?
There are 35 homes for sale in the 90703 ZIP code right now, including 3 listed within the last week.