The housing market in Cherry Creek, CO is an expensive one, with a median value of $846,200 compared to the US median value of $338,100. In the past year, the appreciation rate for homes in Cherry Creek has been 9.31%, higher than the national average of 8.27%. The high appreciation rate and costly price point indicate that this area is a desirable place to live.
The median home cost in Cherry Creek is $846,200. Home appreciation the last 10 years has been 143.6%. Home Appreciation in Cherry Creek is up 13.7%.
Average Age of Homes
- The median age of Cherry Creek real estate is 34 years old
The Rental Market in Cherry Creek
- Renters make up 31.0% of the Cherry Creek population
- 0.4% of houses and apartments in Cherry Creek, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.