#202511626, Linda V Kiesow, Listing Office: Country Boy Realty
Cherry Valley Housing Market Report January 2025•Otsego County, New York
Housing Prices in Cherry Valley, NY
How much do homes in Cherry Valley, NY cost?
Housing Market Conditions
Is Cherry Valley, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cherry Valley is a Seller's Market
Difference Since December 2024
Last month, Cherry Valley was a Buyer's Market.
Cherry Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in January 2025
Homes in Cherry Valley have sold for 82% less than they did a month ago.
Summary: The median home sold price in Cherry Valley was $172,450 in January 2025, down 82% from last month, and the median price per square foot was $96.
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $145K | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | - | $199.9K | N/A |
44 Bedrooms | - | - | N/A |
55+ Bedrooms | $960K | - | N/A |
Summary: Cherry Valley housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Cherry Valley, NY
How many homes are available in Cherry Valley, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJan 2025 | ||
112 months agoDec 2024 | -9.1 % Change MoMDec – Jan |
Summary: The Cherry Valley real estate market had 10 homes for sale in Jan 2025, a 9.1 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthJan 2025 | ||
12 months agoDec 2024 | +100.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 3 | 3 | 0.0% |
33 Bedrooms | 5 | 6 | +20.0% |
44 Bedrooms | 0 | 0 | 0.0% |
55+ Bedrooms | 2 | 0 | -100.0% |
Summary: Cherry Valley housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Cherry Valley, NY cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
If you're buying a home in Cherry Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Cherry Valley in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Cherry Valley, NY
How long does it take to sell a home in Cherry Valley, NY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Many homes in Cherry Valley are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Cherry Valley; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
50 DaysLast MonthJan 2025 | ||
86 Days1 month agoDec 2024 | -41.9 % Change MoMDec – Jan |
Summary: Homes in Cherry Valley had an average listing age of 50 days in Jan 2025, down by 41.9% compared to the previous month.
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Newest Listings in Cherry Valley, NY
What homes are available in Cherry Valley, NY?
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Nearby markets aren't available for Cherry Valley, NY
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, OneKey MLS, and Global MLS for the period 12/01/2024 - 02/01/2025
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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/16/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/15/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/15/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.