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Foreclosure Homes in Cherry Valley, NY

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Cherry Valley, NY Foreclosures

How much do homes sell for in Cherry Valley, NY?
The average home price is currently $240,059.
In Cherry Valley, NY, how many homes are available?
There are currently 3 active home listings available in Cherry Valley.
What’s the average rental cost in Cherry Valley, NY?
The average rental price in Cherry Valley is $1,054.
What is the most expensive home in Cherry Valley?
The most expensive home sold in Cherry Valley had a price of $2,615,800.
What is currently the cheapest priced home in Cherry Valley, NY?
The cheapest home for sale in Cherry Valley is priced at $17,175.

Living in Cherry Valley, NY

Cherry Valley, NY is a charming village that offers a peaceful small-town lifestyle. Surrounded by the beautiful landscapes of Otsego County, this community is perfect for those who enjoy outdoor activities and a close-knit community. Its proximity to larger towns offers an ideal blend of rural living with modern conveniences.

Current Market Conditions in Cherry Valley, NY

The real estate market in Cherry Valley has been experiencing a steady increase in demand, particularly due to the area’s appeal for retirees and those seeking second homes. Homes in the region are selling faster than last year, with properties often attracting multiple offers, showcasing a competitive buyer's market.

There’s a noticeable uptick in renovations and new constructions in Cherry Valley, indicating a revitalization of the local housing stock and an influx of new residents looking to invest in the area.

Home Value Estimator For Cherry Valley, NY

There are currently 996 real estate properties in Cherry Valley, NY, with a median automated valuation model (AVM) price of $202,263.00. 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 Valley, 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 Valley, NY, is $240,059.00, with the most expensive house in Cherry Valley, NY, topping out at $2,615,800.00 and the cheapest home in Cherry Valley, NY, clocking in at $17,175.00. In other words, there’s something for every potential homebuyer or savvy investor in Cherry Valley, NY!

Rent Prices In Cherry Valley, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cherry Valley, NY, is on a rollercoaster ride. The average rent price in Cherry Valley, NY, is $1,054.00. Indeed, when looking to rent in Cherry Valley, NY, you can expect to pay as little as $630.00 or as much as $2,020.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Cherry Valley, 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.

Cherry Valley, NY Foreclosures


Market Trend for Cherry Valley, NY

Total Listings Available: 3

Market Values:

Home Prices from $17,175 to $2,615,800

Average Sales Price: $240,059

Rental Values:

Rental from $630 to $2,020

Average Rent Value: $1,054 / month

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