The housing market in 01611 Cherry Valley, MA is doing well, with a median value of $334,900 and an appreciation rate of 11.83% over the past year. This is higher than the US median value of $338,100 and the US one-year house appreciation rate of 8.27%. This indicates that home values have increased steadily in this area over the last several months, making it a desirable place to invest in real estate. With its strong economy and great schools, 01611 Cherry Valley is quickly becoming one of the most sought-after places to live.
The median home cost in Cherry Valley (zip 01611) is $334,900. Home appreciation the last 10 years has been 101.4%. Home Appreciation in Cherry Valley (zip 01611) is up 11.3%.
Average Age of Homes
- The median age of Cherry Valley (zip 01611) real estate is 62 years old
The Rental Market in Cherry Valley (zip 01611)
- Renters make up 29.8% of the Cherry Valley (zip 01611) population
- 4.5% of houses and apartments in Cherry Valley (zip 01611), 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.