Cherry Valley, NY Real Estate
According to census data in the year 2000 there were 293 housing units in Cherry Valley.
This represents a 2.8% growth from 285 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.
Homeownership rate in Cherry Valley is about 73.3%.
Cherry Valley's vacancy rate, including seasonal lodging, is about 17.1%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Cherry Valley were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 9.20% |
| Two Bedrooms | 19.80% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 17.70% |
| Five Bedrooms or more | 13.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $72,800 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 41.80% |
| Debt Free | 52.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
