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Featured local agent — Cherry Hills Village, CO
Sarah Mitchell
Compass Real Estate · Cherry Hills Village, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cherry Hills Village, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$3.21Mmedian sale price
How is the Cherry Hills Village, CO housing market right now?
The median home sale price in Cherry Hills Village, CO is $3.21M, down 25.4% year-over-year. Homes sell in an average of 7 days with 35 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cherry Hills Village a buyer's or seller's market?
Cherry Hills Village, CO is currently a seller's market, based on 2.3 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
7
Fast-moving
Active listings
35
2.3 months supply
Sale-to-list
97.3%
Below asking
What does the Cherry Hills Village housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $3.21M |
| Median list price | $2.82M |
| Year-over-year price change | -25.4% |
| Average days on market | 7 days |
| Active inventory | 35 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $580/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 20 |
| Listings with a price cut | 37.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cherry Hills Village by property type?
How the Cherry Hills Village, CO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $3.21M | $580/sq ft | 15 | 7 days |
| Townhouse | $5.50M | $607/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Cherry Hills Village housing market is currently classified as a seller's market with a median sale price of $3.21M. Prices have fallen 25.4% compared to last year, with homes spending an average of 7 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 12.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Cherry Hills Village
There are currently 35 homes listed for sale in Cherry Hills Village, Colorado. The median listing price is $2.8M.
Active listings
35
Homes on market
Median list price
$2.8M
Avg. days on market
7
Days until sale
New this week
20
Newly listed
Who lives in Cherry Hills Village?
Population
6,366
Median income
$250,001/yr
Median age
47.9 years
Owner-occupied
97.8%
College grads
83.0%
Avg commute
21 min
Source: U.S. Census Bureau ACS
What are homes worth in Cherry Hills Village?
Zillow home value
$3.21M
Price-to-income
12.9x
Source: Zillow Research
What is it like to live in Cherry Hills Village?
Cherry Hills Village is a community of approximately 6K residents with a median age of 47.9 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 83.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 97.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 21 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cherry Hills Village offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cherry Hills Village?
1 schools tracked · 501 students
The largest public schools serving Cherry Hills Village, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cherry Hills Village Elementary School
Grades PK-5 · 501 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cherry Hills Village, CO?
Want a head-to-head view? Compare Cherry Hills Village side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cherry Hills Village?
The median home sale price in Cherry Hills Village is $3.21M, down 25.4% from last year.
How long do homes stay on market in Cherry Hills Village?
Homes typically spend 7 days on market before going under contract.
What is the median income in Cherry Hills Village?
The median household income is $250,001 per year.
Is Cherry Hills Village a buyer's or seller's market?
With 2.3 months of supply, Cherry Hills Village is currently a seller's market.
What is the Zillow home value estimate for Cherry Hills Village?
The Zillow Home Value Index (ZHVI) for Cherry Hills Village is $3.21M, representing the typical home value in the area.
How much does a single-family home cost in Cherry Hills Village?
The median single-family home price in Cherry Hills Village, CO is $3.21M (about $580 per square foot).
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