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.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom9.20%
Two Bedrooms19.80%
Three Bedrooms37.90%
Four Bedrooms17.70%
Five Bedrooms or more13.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1939
Median Value of occupied units$72,800
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1939
Median Monthly Rent asked for vacant units$388

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan5.50%
Simple Mortgage41.80%
Debt Free52.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%