Cherry Valley, NY is a great place for housing. The median value of homes in Cherry Valley stands at $230,300, which is significantly lower than the US house median value of $338,100. This makes it an attractive option for those who are looking to purchase a home without breaking the bank. In addition, house appreciation in Cherry Valley has been 11.97% over the past year compared to 8.27% nationally, highlighting that it is potentially a good investment as well. All this considered, Cherry Valley is an excellent choice when looking for affordable and appreciating housing opportunities.
The median home cost in Cherry Valley is $230,300. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Cherry Valley is up 15.8%.
Average Age of Homes
- The median age of Cherry Valley real estate is 78 years old
The Rental Market in Cherry Valley
- Renters make up 19.3% of the Cherry Valley population
- 0.0% 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.