Zip 01611 (Cherry Valley, MA) Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cherry Valley, Massachusetts	United States
	849.0	139,647,020.0
	70	42
	$334,900	$338,100
	11.3%	16.6%
	63.3%	57.0%
	101.4%	101.1%
	$14.33	$10.98
	$3,940	$2,690
	71.7%	57.4%
	7.8%	11.2%
	20.5%	31.4%
Vacant Housing
	4.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.6%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	5.6%	11.3%
	6.2%	13.0%
	39.9%	20.1%
	21.5%	13.6%
	21.7%	8.3%
	1.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.1%	13.6%
	17.1%	13.6%
	0.6%	13.6%
	12.3%	13.2%
	5.1%	14.8%
	0.6%	13.6%
	13.3%	10.0%
	1.4%	4.7%
	47.1%	12.2%

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