Cherry Creek, NY Foreclosures
How much do homes sell for in Cherry Creek, NY?
The average home price is currently $181,570.
What’s the average rental cost in Cherry Creek, NY?
The average rental price in Cherry Creek is $1,098.
What is the most expensive home in Cherry Creek?
The most expensive home sold in Cherry Creek had a price of $993,409.
What is currently the cheapest priced home in Cherry Creek, NY?
The cheapest home for sale in Cherry Creek is priced at $10,575.
Living in Cherry Creek, NY
Cherry Creek, NY is a peaceful town nestled in the heart of Chautauqua County, offering a delightful rural lifestyle. With a strong community spirit and access to beautiful natural landscapes, residents enjoy a variety of outdoor activities and local amenities. It's a perfect place for families and anyone looking for tranquility away from the hustle and bustle of city life.
Current Market Conditions in Cherry Creek, NY
The real estate market in Cherry Creek has shown a steady increase in demand over the past few years, with a notable surge in interest from families seeking affordable housing options and a tranquil lifestyle. Median home prices have risen as more buyers look to capitalize on the community's charm and natural beauty, contributing to a competitive but balanced market.
Over the last year, the local market has been characterized by a low inventory of available homes, which has driven prices upward while also creating challenges for prospective buyers. The popularity of Cherry Creek as a destination for those seeking a serene living environment has increased, leading to more renovations and new constructions among existing homes.
Home Value Estimator For Cherry Creek, NY
There are currently 510 real estate properties
in Cherry Creek, NY,
with a median automated valuation model (AVM) price
of $155,885.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cherry Creek, NY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cherry Creek, NY,
is $181,570.00, with the most expensive house
in Cherry Creek, NY, topping out
at $993,409.00 and the cheapest home
in Cherry Creek, NY,
clocking in at $10,575.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cherry Creek, NY!
Rent Prices
In Cherry Creek, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cherry Creek, NY, is on
a rollercoaster ride. The
average rent price in Cherry Creek, NY,
is $1,098.00. Indeed, when looking to rent in
Cherry Creek, NY, you can expect to pay as little
as $700.00 or as much
as $2,800.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Cherry Creek, NY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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