Cherry Valley, MI is a great place to buy a house. The median value of housing in Cherry Valley is $125,100, which is much lower than the US median value of $338,100. In addition to being more affordable than other parts of the country, housing in Cherry Valley has appreciated by an impressive 14.97% in just one year - significantly higher than the 8.27% national average. With its reasonable home prices and strong appreciation rate, it's no surprise that Cherry Valley has become a popular destination for potential homebuyers.
The median home cost in Cherry Valley is $125,100. Home appreciation the last 10 years has been 122.0%. Home Appreciation in Cherry Valley is up 19.2%.
Average Age of Homes
- The median age of Cherry Valley real estate is 35 years old
The Rental Market in Cherry Valley
- Renters make up 3.4% of the Cherry Valley population
- 0.8% of houses and apartments in Cherry Valley, 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.