Cherry Valley, AR 72324 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cherry Valley, AR—72324

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$136,000

1.1% YoY Growth

Household Income

$37,000

20.1% YoY Growth

Days on Market

68.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

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	$136,000	-1.1%
Single Family	$136,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$122,000	-3.2%

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

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% of Rental Stock

1 Bedroom

10.1%

2 Bedrooms

19.6%

3 Bedrooms

58.6%

4 Bedrooms

11.7%

Property Listings — Cherry Valley, AR

As of May '26, Realtor.com reports that the median days on market for a home in Cherry Valley, AR is 84. This is a increase of 68.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$254,000	-19.0%
Listing Count	2	-60.0%
Listings as % of Homes	0.3%	-60.0%
Days on Market	84	68.0%

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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%

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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%

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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%

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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

Cherry Valley, AR—72324

Key Metrics at a Glance

Home Price Trends — Cherry Valley, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cherry Valley, AR

% of Rental Stock

Property Listings — Cherry Valley, AR

Demographics — Cherry Valley, AR

Race and Ethnicity

Mortgage and Risk — Cherry Valley, AR

Mortgages

Rentals and Section 8 — Cherry Valley, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Cherry Valley, AR

Home Price to Income Ratio

Cherry Valley, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Wynne, AR

Harrisburg, AR

Brushey Lake, AR

Weiner, AR

Colt, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$136,000
Median Household Income	$37,000

Cherry Valley, AR—72324

Key Metrics at a Glance

Home Price Trends — Cherry Valley, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cherry Valley, AR

% of Rental Stock

Property Listings — Cherry Valley, AR

Demographics — Cherry Valley, AR

Race and Ethnicity

Mortgage and Risk — Cherry Valley, AR

Mortgages

Rentals and Section 8 — Cherry Valley, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Cherry Valley, AR

Home Price to Income Ratio

Cherry Valley, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Wynne, AR

Harrisburg, AR

Brushey Lake, AR

Weiner, AR

Colt, AR

Frequently Asked Questions

What is the average home price in Cherry Valley, AR 72324?

How have home prices in Cherry Valley, AR 72324 changed over the past year?

What is the home price projection for Cherry Valley, AR 72324?

What are the demographics of Cherry Valley, AR 72324?

How long does it take homes to sell in Cherry Valley, AR 72324?

What is the average rent price in Cherry Valley, AR 72324?