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 $286,502, lower than the Massachusetts average of $477,554.
The average cost of rent is $970/mo in Cherry Valley, primarily driven by the current value of real estate in the Cherry Valley area. While nearly 26.50% of residents own their homes outright in Cherry Valley, 18.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Valley is $7,665 per month. Households that rent pay about 12.65% of their income on rent here. Cherry Valley's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Leicester, MA: higher priced homes
- Auburn, MA: higher priced homes
- Rochdale, MA: equally priced homes
- Tafts Corner, MA: higher priced homes
- Worcester, MA: higher priced homes
- North Oxford, MA: equally priced homes
- Paxton, MA: higher priced homes
- Spencer, MA: equally priced homes
- South Spencer, MA: higher priced homes
- Millbury, MA: higher priced homes
Cities with Similar Populations
- Fowler, MI: less expensive homes
- Muenster, TX: less expensive homes
- Morristown, IN: less expensive homes
- Montour Falls, NY: less expensive homes
- Mason City, IL: less expensive homes
- Parker City, IN: less expensive homes
- Lone Rock, WI: less expensive homes
- Pedricktown, NJ: less expensive homes
- Port Royal, PA: less expensive homes
- Lauderdale, MS: less expensive homes
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