Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherry Tree area can be challenging. Home prices in Cherry Tree are now at a median cost of $100,754, lower than the Pennsylvania average of $222,630.
The average cost of rent is $632/mo in Cherry Tree, primarily driven by the current value of real estate in the Cherry Tree area. While nearly 60.28% of residents own their homes outright in Cherry Tree, 14.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Tree is $4,363 per month. Households that rent pay about 14.50% of their income on rent here. Cherry Tree's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Stifflertown, PA: equally priced homes
- Hillsdale, PA: equally priced homes
- Emeigh, PA: equally priced homes
- Patchinville, PA: equally priced homes
- Grisemore, PA: higher priced homes
- Arcadia, PA: less expensive homes
- Wilgus, PA: less expensive homes
- Barnesboro, PA: equally priced homes
- Northern Cambria, PA: less expensive homes
- Plattsville, PA: equally priced homes
Cities with Similar Populations
- Barnardsville, NC: higher priced homes
- Silver City, NV: higher priced homes
- Scenery Hill, PA: higher priced homes
- Savona, NY: equally priced homes
- Rushtown, OH: equally priced homes
- Toulon, IL: less expensive homes
- Fairfax, MN: equally priced homes
- Doolittle, MO: higher priced homes
- Denver, IN: equally priced homes
- Coon Rapids, IA: higher priced homes
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