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Cherryvale, KS—67335

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$112,000
4.4% YoY Growth
Household Income
$53,200
10.7% YoY Growth
Days on Market
80
13.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$600
17.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$600
17.0% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Cherryvale, KS

As of May '26, the median home price in Cherryvale, KS is $112,000, with a year-over-year change of 4.4%. This indicates that home prices in Cherryvale, KS are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$112,0004.4%
Single Family $112,0005.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$72,0007.5%
    3 Bed
    		$136,0007.1%
    4 Bed
    		$169,0007.6%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    5.6%
    2 Bedrooms
    33.5%
    3 Bedrooms
    42.8%
    4 Bedrooms
    10.2%
    5+ Bedrooms
    7.8%

    Rental Trends — Cherryvale, KS

    As of July '25, Rentcast reports the average rent in Cherryvale, KS is $662, with a year-over-year rent change of -17.0%. Per bedroom, the median rent as of July '25 in Cherryvale, KS is 2-bedrooms: $662. The most common rental property sizes in Cherryvale, KS are 2-bedroom and 3-bedroom, accounting for 52.3% and 37.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$600$662
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $600$662
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    5.9%
    2 Bedrooms
    52.3%
    3 Bedrooms
    37.6%
    4 Bedrooms
    4.2%

    Property Listings — Cherryvale, KS

    As of May '26, Realtor.com reports that the median days on market for a home in Cherryvale, KS is 80. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$175,000-2.0%
    Listing Count
    		1576.0%
    Listings as % of Homes1.1%76.0%
    Days on Market
    		8013.0%
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    Demographics — Cherryvale, KS

    As of the latest ACS Survey released in 2023, Cherryvale, KS has a population of 3,300, which has remained stable by -0.1% over the past 5 years. Cherryvale, KS is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,300-0.1%
    % Under 18
    		26.5%13.7%
    % Seniors
    		18.6%-6.1%
    % WFH
    		1.1%-21.4%
    % w/ College Degree
    		18.6%44.2%
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    As of the latest ACS Survey released in 2023, Cherryvale, KS is a predominantly white area, with 94.0% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Cherryvale, KS is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.7% of the population in Cherryvale, KS, and this percentage has increased by 600.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		94.0%2.7%
    % Black
    		0.0%-100.0%
    % Hispanic
    		1.6%33.3%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.7%600.0%
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    Mortgage and Risk — Cherryvale, KS

    According to HUD data as of 2023, there were 21 mortgage originations in Cherryvale, KS, of which 43.0% of loans were conventional mortgages. The average loan-to-value was 89.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Cherryvale, KS. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		21
    % Conventional Loans
    		43.0%
    % Government Loans
    		57.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		5.0%
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    Rentals and Section 8 — Cherryvale, KS

    Cherryvale, KS lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		28
    Total Units Section 8
    		5
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$660
    2 Bedroom$270$600$870
    3 BedroomN/AN/A$1,120
    4 BedroomN/AN/A$1,290

    Affordability — Cherryvale, KS

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2
    Median Home Price$112,000
    Median Household Income$53,200

    Cherryvale, KS — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Dennis, KS

    67341

    Mound Valley, KS

    67354

    Liberty, KS

    67351

    Thayer, KS

    66776

    Neodesha, KS

    66757

    Frequently Asked Questions