Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherry Valley area can be challenging. Home prices in Cherry Valley are now at a median cost of $77,506, lower than the Arkansas average of $160,541.
The average cost of rent is $786/mo in Cherry Valley, primarily driven by the current value of real estate in the Cherry Valley area. While nearly 58.01% of residents own their homes outright in Cherry Valley, 24.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Valley is $3,989 per month. Households that rent pay about 19.69% of their income on rent here. Cherry Valley's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Birdeye, AR: higher priced homes
- Twist, AR: equally priced homes
- Monterey, AR: equally priced homes
- Wynne, AR: higher priced homes
- Togo, AR: less expensive homes
- Hickory Ridge, AR: less expensive homes
- Wittsburg, AR: higher priced homes
- Tilton, AR: less expensive homes
- Parkin, AR: less expensive homes
- McFadden, AR: less expensive homes
Cities with Similar Populations
- Cottonwood, MN: higher priced homes
- Westerlo, NY: higher priced homes
- Belleair Beach, FL: higher priced homes
- Charlestown, MD: higher priced homes
- Berry Creek, CA: higher priced homes
- Bethany, IL: higher priced homes
- Mahomet, TX: higher priced homes
- Canadensis, PA: higher priced homes
- Wadley, AL: higher priced homes
- Pittsburg, IL: higher priced homes
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