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Cherry Valley, CA Real Estate


According to census data in the year 2000 there were 2,633 housing units in Cherry Valley. This represents a 4.1% growth from 2,530 in 1990.

Of those housing units, 2,406 were located in either urbanized areas or urban clusters, and 227 were located in what is classified as a rural area.

Homeownership rate in Cherry Valley is about 85.8%. Cherry Valley's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Cherry Valley were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom8.50%
Two Bedrooms43.30%
Three Bedrooms34.40%
Four Bedrooms10%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1975
Median Value of occupied units$146,600
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1965
Median Monthly Rent asked for vacant units$398

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.10%
Home Equity Loan7.10%
Simple Mortgage54.30%
Debt Free27.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.2%