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Cherry Valley, AR Housing

 
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As of 2010-2014, median price of a house in Cherry Valley is $49,800, which is much lower than the state average of $108,700 and is much lower than the national average of $175,700. The Cherry Valley median house value has grown by 16.63% since 2000. The growth rate for the price of a house in Cherry Valley is lower than the state average rate of 49.31% and is lower than the national average rate of 46.91%. The median year that a house in Cherry Valley was built is 1973, which is older than the median year for a house built in the state which is 1982 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 189 Owner Occupied Houses in Cherry Valley, AR, #415
Cherry Valley, AR
49,800 USD
Arkansas
108,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #417
Cherry Valley, AR
16.63%
Arkansas
49.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Cherry Valley, ARArkansasU.S.
Total Housing Units321, see rank, 100%1,329,139132,741,033
Occupied Housing Units295, 91.90%, see rank85.20%87.55%
Owner Occupied189, 58.88%, see rank56.70%56.34%
Renter Occupied106, 33.02%, see rank28.50%31.21%
Vacant Housing Units26, 8.10%, see rank14.80%12.45%
For Rent19, 5.92%, see rank3.08%2.34%
For Sale Only7, 2.18%, see rank1.47%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.34%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank3.77%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant0, 0.00%, see rank5.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #351
Cherry Valley, ARArkansasU.S.
197319821976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Cherry Valley, AR%ArkansasU.S.
Owner-Occupied Units189100%753,62074,787,460
With a Mortgage8343.92%, see rank57.12%65.58%
Without a Mortgage10656.08%, see rank42.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Cherry Valley, AR
766 USD
Arkansas
1,027 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsCherry Valley, AR%ArkansasU.S.
$299 or Less00.00%, see rank0.27%0.20%
$300 to $49900.00%, see rank4.06%1.59%
$500 to $6993137.35%, see rank13.71%5.01%
$700 to $9993845.78%, see rank29.88%14.32%
$1,000 to $1,4991416.87%, see rank31.28%27.90%
$1,500 to $1,99900.00%, see rank11.89%20.35%
$2,000 to $2,99900.00%, see rank6.76%19.52%
$3,000 or More00.00%, see rank2.16%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Cherry Valley, AR
20.20% of the Total Income
Arkansas
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Cherry Valley, AR%ArkansasU.S.
10% or Less22.41%, see rank8.42%5.86%
10% to 20%3946.99%, see rank40.00%31.95%
20% to 30%1619.28%, see rank25.17%27.64%
30% to 40%1315.66%, see rank10.74%13.74%
40% or More1315.66%, see rank15.06%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Cherry Valley, AR
340 USD
Arkansas
328 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsCherry Valley, AR%ArkansasU.S.
$199 or Less1816.98%, see rank14.84%7.76%
$200 to $2992321.70%, see rank27.47%14.70%
$300 to $4994037.74%, see rank40.92%34.63%
$500 to $6992119.81%, see rank11.95%21.16%
$700 or More43.77%, see rank4.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Cherry Valley, AR
10.00% of the Total Income
Arkansas
10.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Cherry Valley, AR%ArkansasU.S.
10% or Less5551.89%, see rank46.84%40.19%
10% to 20%2422.64%, see rank30.62%31.47%
20% to 30%54.72%, see rank10.57%12.24%
30% to 40%87.55%, see rank4.25%5.64%
40% or More1413.21%, see rank6.40%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Cherry Valley, ARArkansasU.S.
Total Housing Units321, 100%1,329,139132,741,033
1-unit, Detached214, 66.67%, see rank69.70%61.65%
1-unit, Attached0, 0.00%, see rank1.65%5.82%
2 Units0, 0.00%, see rank3.05%3.75%
3 or 4 Units32, 9.97%, see rank3.22%4.43%
5 to 9 Units0, 0.00%, see rank3.18%4.78%
10 or More Units0, 0.00%, see rank6.24%13.08%
Mobile Home, Boat, RV, Van, etc.75, 23.36%, see rank12.96%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Cherry Valley, ARArkansasU.S.
Total Housing Units321, 100%1,329,139132,741,033
1 Room0, 0.00%, see rank1.56%1.95%
2 Rooms0, 0.00%, see rank1.59%2.48%
3 Rooms11, 3.43%, see rank6.43%9.13%
4 Rooms56, 17.45%, see rank17.60%16.60%
5 Rooms119, 37.07%, see rank26.27%20.41%
6 Rooms63, 19.63%, see rank20.63%18.06%
7 Rooms42, 13.08%, see rank12.10%12.27%
8 Rooms13, 4.05%, see rank6.91%8.48%
9 Rooms or More17, 5.30%, see rank6.92%10.60%
Median Rooms5.30, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Cherry Valley, ARArkansasU.S.
Total Housing Units321, 100%1,329,139132,741,033
No Bedroom0, 0.00%, see rank1.67%2.17%
1 Bedroom24, 7.48%, see rank7.20%11.16%
2 Bedrooms80, 24.92%, see rank27.66%26.69%
3 Bedrooms200, 62.31%, see rank49.76%39.70%
4 Bedrooms17, 5.30%, see rank11.71%16.05%
5 or More Bedrooms0, 0.00%, see rank2.00%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Cherry Valley, ARArkansasU.S.
Total Housing Units295, 100%1,132,488116,211,092
Utility Gas14, 4.75%, see rank40.58%48.85%
Bottled, Tank, or LP Gas97, 32.88%, see rank7.51%4.86%
Electricity184, 62.37%, see rank46.89%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood0, 0.00%, see rank4.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used0, 0.00%, see rank0.20%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalCherry Valley, ARArkansasU.S.
Occupied Units Paying Rent104, 100%340,13639,201,928
$199 or Less2, 1.92%, see rank1.96%1.50%
$200 to $29914, 13.46%, see rank4.51%3.18%
$300 to $49913, 12.50%, see rank15.80%7.37%
$500 to $69943, 41.35%, see rank31.92%16.01%
$700 to $99932, 30.77%, see rank32.72%29.17%
$1,000 to $1,4990, 0.00%, see rank10.95%26.88%
$1,500 to $1,9990, 0.00%, see rank1.32%9.79%
$2,000 or More0, 0.00%, see rank0.81%6.10%
Median$608, see rank$675$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Cherry Valley, ARArkansasU.S.
Occupied Housing Units295, 100%1,132,488116,211,092
No Vehicles Available5, 1.69%, see rank6.36%9.12%
1 Vehicles Available132, 44.75%, see rank34.07%33.80%
2 Vehicles Available130, 44.07%, see rank39.29%37.48%
3 or More Vehicles Available28, 9.49%, see rank20.28%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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