Cherryvale, KS—67335
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cherryvale, KS
As of Oct '25, the median home price in Cherryvale, KS is $99,000, with a year-over-year change of 2.7%. This indicates that home prices in Cherryvale, KS are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $99,000 | 2.7% |
| Single Family | $99,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $60,000 | 0.0% |
3 Bed | $122,000 | 1.7% |
4 Bed | $153,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $662 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $600 | $662 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cherryvale, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Cherryvale, KS is 57. This is a decrease of -11.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $149,000 | 22.0% |
Listing Count | 20 | 54.0% |
| Listings as % of Homes | 1.1% | 54.0% |
Days on Market | 57 | -11.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $660 |
| 2 Bedroom | $270 | $600 | $870 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Cherryvale, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $99,000 |
| Median Household Income | $53,200 |