Cherry Valley, AR—72324
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cherry Valley, AR
Cherry Valley, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $116,000 | -5.6% |
| Single Family | $116,000 | -5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $107,000 | -7.8% |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cherry Valley, AR
Cherry Valley, AR 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, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Cherry Valley, AR is 36. This is a decrease of -73.0% 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 | $87,500 | -35.0% |
Listing Count | 5 | 300.0% |
| Listings as % of Homes | 0.3% | 300.0% |
Days on Market | 36 | -73.0% |
Demographics — Cherry Valley, AR
As of the latest ACS Survey released in 2023, Cherry Valley, AR has a population of 1,950, which has decreased by -11.4% over the past 5 years. Cherry Valley, AR is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,950 | -11.4% |
% Under 18 | 18.5% | 6.3% |
% Seniors | 22.0% | -7.6% |
% WFH | 2.7% | -10.0% |
% w/ College Degree | 13.1% | 23.6% |
As of the latest ACS Survey released in 2023, Cherry Valley, AR is a predominantly white area, with 89.1% of the population identifying as white. The white population has grown by 11.5% in the last 5 years. The second most common race or ethnicity in Cherry Valley, AR is black, making up 2.3% of the population. Foreign-born residents account for 0.4% of the population in Cherry Valley, AR, and this percentage has increased by 33.3% 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 | 89.1% | 11.5% |
% Black | 2.3% | -23.3% |
% Hispanic | 1.4% | 180.0% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.4% | 33.3% |
Mortgage and Risk — Cherry Valley, AR
According to HUD data as of 2023, there were 37 mortgage originations in Cherry Valley, AR, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Cherry Valley, AR. Investor activity is high, as 19.0% 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 | 37 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 19.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Cherry Valley, AR
Cherry Valley, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Cherry Valley, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $116,000 |
| Median Household Income | $37,000 |