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Cherry Creek, NY Real Estate


According to census data in the year 2000 there were 233 housing units in Cherry Creek. This represents a 1.3% growth from 230 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 233 were located in what is classified as a rural area.

Homeownership rate in Cherry Creek is about 78.2%. Cherry Creek's vacancy rate, including seasonal lodging, is about 13.3%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Cherry Creek were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.60%
Two Bedrooms21.90%
Three Bedrooms51.10%
Four Bedrooms14.60%
Five Bedrooms or more9.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1939
Median Value of occupied units$41,200

Rented Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1962
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan5.30%
Simple Mortgage48.20%
Debt Free39.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%