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 is a quaint hamlet in Otsego County, New York, offering a serene rural lifestyle enriched with natural beauty and community spirit. With nearby schools, parks, and outdoor activities, families and outdoor enthusiasts can thrive in this inviting setting. The close-knit community fosters a friendly atmosphere where residents enjoy a perfect blend of nature and convenience.
Current Market Conditions in Cherry Valley, NY
The real estate market in Cherry Valley remains stable, with a mix of affordable homes and more upscale properties. Buyers are attracted to the area's scenic beauty and small-town lifestyle, leading to a steady increase in demand. As more people seek refuge from urban living, the interest in homes within Cherry Valley continues to grow, making it an appealing investment opportunity.
Recent trends indicate a gradual appreciation in property values as more buyers recognize the potential of Cherry Valley, particularly those looking to escape the hustle of city life. The local market is characterized by a diverse range of homes, from charming historic properties to modern builds catering to various tastes and budgets.
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.
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