75 homes in near Los Cerritos
Paramount, CA
About Paramount: Los Cerritos is located in Paramount. Paramount is a city in Los Angeles County, California, United States. According to the 2020 census, the city had a total population of 53,733, down from 54,098 at the 2010 census. Part of the Greater Los Angeles area, Paramount is bordered by Compton and Lynwood to the west, South Gate and Downey to the north, Bellflower to the east and south, and Long Beach to the south.
These are homes for sale within about 2 miles of Los Cerritos in Paramount (Topfind School Score: 7/10). The area around the school has 74 active listings.
Topfind Market Read
The picture is mixed here. There is only 2.8 months of supply, yet 32% of sellers have trimmed their asking price, and sales volume is down 12% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$675K
↑ 4% 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
2.8 months of supply
Tight Supply74 active listings against the current sales pace works out to about 2.8 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 ~51 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 32% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 47% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Los Cerritos Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
43%
Homeowners
57%
Renters
Homeownership is 12.5 points lower than the California average (55.5%)
14,348 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $204K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$391K)
Price Reductions
24 listings have reduced their price
32% of active listings
Average reduction: 8.8% (~$59K)
Los Cerritos is an elementary school in the Paramount Unified district. It earns a Topfind School Score of 7. Homes in the Los Cerritos area carry a median list price of $675,000. That runs roughly 17.4% higher than Paramount as a whole. The median price moved from $700,000 in February to $675,000 in July, a 3.6% decrease over six months. Right now 74 homes are on the market in the Los Cerritos area. The homes shown here are near Los Cerritos rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
Browse homes for sale in cities near Paramount
There are currently 74 homes for sale in Los Cerritos Area, ranging from $319,000 to $2,300,000. 5 of them hit the market within the last week.
The median list price in Los Cerritos Area is $675,000. Price per square foot averages $597. Prices are up 4.1% compared to a year ago.
Homes in Los Cerritos Area currently average 51 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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