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Featured local agent — Cherryvale, KS
Sarah Mitchell
Compass Real Estate · Cherryvale, KS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cherryvale, KS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$95,000median sale price
How is the Cherryvale, KS housing market right now?
The median home sale price in Cherryvale, KS is $95,000, down 44.1% year-over-year. Homes sell in an average of 222 days with 4 active listings. The market is currently a buyer'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 Cherryvale a buyer's or seller's market?
Cherryvale, KS is currently a buyer's market, based on 4.0 months of supply and homes selling in about 222 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
222
Average pace
Active listings
4
4.0 months supply
Sale-to-list
95.0%
Below asking
What does the Cherryvale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $95,000 |
| Median list price | $120,000 |
| Year-over-year price change | -44.1% |
| Average days on market | 222 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 95.0% |
| Median price per sq ft | $37/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 25.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Cherryvale by property type?
How the Cherryvale, KS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $95,000 | $37/sq ft | 1 | 222 days |
| Townhouse | $187,000 | $81/sq ft | 1 | 149 days |
Source: Redfin · Updated monthly
The Cherryvale housing market is currently classified as a buyer's market with a median sale price of $95,000. Prices have fallen 44.1% compared to last year, with homes spending an average of 222 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Cherryvale
There are currently 4 homes listed for sale in Cherryvale, Kansas. The median listing price is $120K.
Active listings
4
Homes on market
Median list price
$120K
Avg. days on market
222
Days until sale
New this week
1
Newly listed
Who lives in Cherryvale?
Population
2,125
Median income
$47,411/yr
Median age
33.8 years
Owner-occupied
62.0%
College grads
10.5%
Avg commute
23.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Cherryvale?
Zillow home value
$112,792
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Cherryvale?
Cherryvale is a community of approximately 2K residents with a median age of 33.8 years.The median household income is $47,411, which represents a working-class community with solid middle-income opportunities. 10.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.0%, showing a blend of owner and renter-occupied properties. The average commute time is 23.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cherryvale offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cherryvale?
2 schools tracked · 562 students
The largest public schools serving Cherryvale, KS 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.
Cherryvale Sr / Middle School
Grades 7-12 · 288 students
Lincoln Central Elem
Grades PK-6 · 274 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 Cherryvale, KS?
Want a head-to-head view? Compare Cherryvale side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cherryvale?
The median home sale price in Cherryvale is $95,000, down 44.1% from last year.
How long do homes stay on market in Cherryvale?
Homes typically spend 222 days on market before going under contract.
What is the median income in Cherryvale?
The median household income is $47,411 per year.
Is Cherryvale a buyer's or seller's market?
With 4.0 months of supply, Cherryvale is currently a buyer's market.
What is the Zillow home value estimate for Cherryvale?
The Zillow Home Value Index (ZHVI) for Cherryvale is $112,792, representing the typical home value in the area.
How much does a single-family home cost in Cherryvale?
The median single-family home price in Cherryvale, KS is $95,000 (about $37 per square foot).
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