Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherrystone area can be challenging. Home prices in Cherrystone are now at a median cost of $384,000, higher than the Virginia average of $323,261.
The average cost of rent is $934/mo in Cherrystone, primarily driven by the current value of real estate in the Cherrystone area. While nearly 37.17% of residents own their homes outright in Cherrystone, 49.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherrystone is $3,899 per month. Households that rent pay about 23.96% of their income on rent here. Cherrystone's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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