Cherry Valley, NY—13320
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cherry Valley, NY
As of Oct '25, the median home price in Cherry Valley, NY is $186,000, with a year-over-year change of -0.9%. This indicates that home prices in Cherry Valley, NY are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | -0.9% |
| Single Family | $186,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $168,000 | -0.6% |
3 Bed | $209,000 | -0.5% |
4 Bed | $218,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cherry Valley, NY
Cherry Valley, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cherry Valley, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Cherry Valley, NY is 56. This is a decrease of -68.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -29.0% |
Listing Count | 17 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 56 | -68.0% |
Demographics — Cherry Valley, NY
As of the latest ACS Survey released in 2023, Cherry Valley, NY has a population of 2,030, which has decreased by -3.6% over the past 5 years. Cherry Valley, NY is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,030 | -3.6% |
% Under 18 | 17.7% | -24.4% |
% Seniors | 21.5% | 28.0% |
% WFH | 19.1% | 132.9% |
% w/ College Degree | 36.3% | 28.7% |
As of the latest ACS Survey released in 2023, Cherry Valley, NY is a predominantly white area, with 96.5% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Cherry Valley, NY is hispanic, making up 1.7% of the population. Foreign-born residents account for 2.7% of the population in Cherry Valley, NY, and this percentage has decreased by 10.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.5% | -1.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.7% | 183.3% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 2.7% | -10.0% |
Mortgage and Risk — Cherry Valley, NY
According to HUD data as of 2023, there were 48 mortgage originations in Cherry Valley, NY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Cherry Valley, NY. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Cherry Valley, NY
Cherry Valley, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | N/A | N/A | $1,500 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Cherry Valley, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $186,000 |
| Median Household Income | $81,000 |