Cherry Valley, NY Home Values & Market Trends
Real estate market trends reflect that there have been 24 transactions over the past year in Cherry Valley. The median value for residential home transactions that occurred over the previous year is $162,472.2. The number of current listings in Cherry Valley is 6, and the percentage of properties for sale in the city is 6.00%. Cherry Valley, NY currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 6 properties for sale.
Cherry Valley, NY Real Estate Market Overview
Zip | Median Est. Value |
---|---|
13320 | $ 86,950 $ 62/sqft |
Housing Market Summary for Cherry Valley, NY
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $162.5K | $130.9K | -19.42% |
Median Sold Price | $90,066.5 | $130.9K | 45.38% |
Homes For Sale | 2 | 5 | 150.00% |
Homes Sold | 16 | 18 | 12.50% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cherry Valley, NY
Browse Homes in Cherry Valley, NY
Cherry Valley home values range from $20,108 to $668,778. The median estimated value of a home in Cherry Valley is $162,472.2. The median list price of a home is 114,949.5, and the total count of properties in the city is 719.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in Cherry Valley, NY with 13320 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cherry Valley, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $179,419 in 13320 to the lowest home value of $74,900 in 13320.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cherry Valley, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cherry Valley, NY. There is 1 zips within Cherry Valley, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Cherry Valley, NY. Auction homes and other auction properties account for 0% of all properties in Cherry Valley, NY. There is 1 zips within Cherry Valley, NY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Cherry Valley, NY
Guide for Cherry Valley, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.