Featured local agent
Scott Brown — eXp Realty
Licensed in California (DRE #01956840). Call or text for a direct answer on local listings, pricing, or new construction.
Call/text (707) 474-8855Cherry Valley, CA · Market Data
Cherry Valley, California real estate market data.
Real estate market data for Cherry Valley, CA (Riverside County) — Census median home value $358,000, county listing prices up about 1.3% over the past year.
Cherry Valley, CA is in Riverside County, California — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,302, with a median household income of $78,125. Census data puts Cherry Valley's median home value at $358,000.
At a glance
Cherry Valley market snapshot
Population
7,302
Median Household Income
$78,125
Median Home Value (city)
$358,000
Median Gross Rent
$1,380/mo
Price Trend (YoY)
+1.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
Local resources
Get help buying or selling in Cherry Valley
What can I afford?
Estimate a comfortable price range in under a minute, then connect with a lender for real numbers.
Rough estimate only (28% of income toward housing, ~6.5% illustrative rate, 30-year term) — not a loan offer or pre-qualification. Connect with a lender for real numbers →
Open
Advertise to local buyers
Lenders, inspectors, movers, and other local pros — this spot is open.
Advertise here →Why Cherry Valley
What makes Cherry Valley different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Cherry Valley's median home value — across all owner-occupied homes, not just recent sales — at $358,000.
County Price Trend
Riverside County's FHFA house price index shows a 1.32% annual change in 2025.
Population & Income
Cherry Valley has an estimated population of 7,302 and a median household income of $78,125, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Cherry Valley's Census-reported median home value works out to about 4.6x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Reach Cherry Valley buyers
Builders: feature your communities in front of Cherry Valley buyers — learn about advertising ↗
Want to own this market? Ask about our Cherry Valley domains — see available domains ↗
Common questions
Cherry Valley FAQ
What are home values like in Cherry Valley, CA?
The Census Bureau's American Community Survey puts Cherry Valley's median home value at $358,000.
What is the population of Cherry Valley, CA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Cherry Valley's population at approximately 7,302.
What's the median rent in Cherry Valley, CA?
The Census ACS estimates median gross rent in Cherry Valley at approximately $1,380 per month.
What is the median household income in Cherry Valley, CA?
Census ACS data puts the median household income in Cherry Valley at approximately $78,125.
Is the Cherry Valley housing market growing?
Riverside County's FHFA house price index shows a 1.32% annual change in 2025.
Is Cherry Valley, CA affordable relative to income?
Census ACS data puts Cherry Valley's median home value at about 4.6 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
Search Cherry Valley homes
Look up homes in Cherry Valley
Search new construction and resale homes in Cherry Valley — the same live MLS data agents use, not just what's summarized on this page.
Search Cherry Valley homes ↗Get connected
Find your Cherry Valley new home
Prices, availability, and incentives change weekly and don't always make it onto this page. Tell us your area, budget, and timeline and we'll point you to communities that fit — including options we track but haven't published here yet.
Get connected in Cherry ValleyGet the Cherry Valley market guide
Tell us what you're looking for — buy, sell, both, invest, rent, or you're an agent, builder, vendor, or advertiser. Include where you want to buy or sell and your address if relevant, and we'll route you to the right resource.
Buyer · Seller · Both · Investor · Renter · Agent/Broker · New Home Builder · Vendor/Service Pro · Advertiser · Other