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Cherry Valley, CA
Full City Profile · California · Riverside County County
2.9
/5.0
C+
Fair
7,302
Population
912/sq mi density
$78,125
Median Income
$42,392 per capita
$358,000
Home Value
$410,418 Zillow
$1,380
Median Rent
41.6% income on rent
65°F
Avg Temperature
330 sunny days/yr
417
Violent Crime/100K
2,016 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$78,125 median income, 6.6% unemployment
A
Affordability
4.1 / 5.0
$358,000 home value, $1,380/mo rent
F
Safety
1.0 / 5.0
417 violent crimes/100K (10% above avg)
C+
Education
2.7 / 5.0
21.6% bachelor's degree or higher
Housing Overview
Median Home Value
$358,000
27% above
US avg: $281,900
Median Rent
$1,380/mo
19% above
US avg: $1,163/mo
Homeownership Rate
85.0%
30% above US avg (65.4%)
Total Housing Units
2,924
Median year built: 1972
Home Value by Source
Census Median
$358,000
Zillow (ZHVI)
$410,418
Median Sale Price
$331,000
Median List Price
$594,949
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.0%
Owner-Occupied
15.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$1,380/mo
Market Indicators (Redfin)
Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
15.0%
of listings with price reduction
Price Per Sq Ft
$262
Active Inventory
20
homes for sale
Affordability & Housing Stock
Rent Burden
41.6%
of renters spending 30%+ of income on housing
34% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
85.0%
Complete Housing Data
Home Values
| Census Median Value | $358,000 |
| Zillow Home Value (ZHVI) | $410,418 |
| Median Sale Price | $331,000 |
| Median List Price | $594,949 |
| Price Per Sq Ft | $262 |
Rent
| Census Median Rent | $1,380 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 25 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.0% |
| Homes Sold | 2 |
| Active Inventory | 20 |
| Price Per Sq Ft | $262 |
Ownership & Stock
| Owner-Occupied | 85.0% |
| Renter-Occupied | 15.0% |
| Homeownership Rate | 85.0% |
| Total Housing Units | 2,924 |
| Median Year Built | 1972 |
| Rent Burden | 41.6% |