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Cherry Creek, NY

Full City Profile · New York · Chautauqua County County

2.8 /5.0
C+ Fair
325 Population 239/sq mi density
$68,309 Median Income $34,037 per capita
$67,000 Home Value $152,000 Zillow
$775 Median Rent 18.8% income on rent
47°F Avg Temperature 259 sunny days/yr
721 Violent Crime/100K 4,193 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$68,309 median income, 11.8% unemployment
A+
Affordability
5.0 / 5.0
$67,000 home value, $775/mo rent
F
Safety
1.0 / 5.0
721 violent crimes/100K (90% above avg)
C
Education
2.5 / 5.0
18.6% bachelor's degree or higher

Housing Overview

Median Home Value
$67,000
76% below
US avg: $281,900
Median Rent
$775/mo
33% below
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
191
Median year built: 1938

Home Value by Source

Census Median
$67,000
Zillow (ZHVI)
$152,000
Median Sale Price
$120,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.4%
Owner-Occupied
11.6%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $775/mo

Market Indicators (Redfin)

Median Days on Market
87 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$25

Affordability & Housing Stock

Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
88.4%

Complete Housing Data

Home Values

Census Median Value$67,000
Zillow Home Value (ZHVI)$152,000
Median Sale Price$120,000
Price Per Sq Ft$25

Rent

Census Median Rent$775
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market87
Sale-to-List Ratio0.8%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$25

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units191
Median Year Built1938
Rent Burden18.8%