Is Cherry Valley, MA 01611 a buyer’s or seller’s market?
Cherry Valley is a seller’s market. With about 1.8 months of supply and 71% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Cherry Valley housing market right now
In the three months ending August 31, 2026, 71% of homes in Cherry Valley, MA 01611 sold above their list price, the typical home went under contract in 27 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (18 days then) and the median sale price rose 16% to $439,810. Overall, Cherry Valley is more competitive than a year ago, so tougher for buyers.
Within Worcester County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell more often over asking than in 99%.
Nearby, buyers who want less competition could look at Fayville 01745 (0% sold over asking) or Worcester 01608 (0% sold over asking), while Leicester 01524 (80% sold over asking) is even more competitive.
Run the numbers for 01611
Nearby markets
Ashburnham 01430Seller’s market $275 /sq ftAthol 01331Seller’s market $248 /sq ftAuburn 01501Seller’s market $299 /sq ftBaldwinville 01436Buyer’s market $277 /sq ft Browse all markets →Towns like Cherry Valley nearby
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Questions about Cherry Valley real estate
Is Cherry Valley a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Cherry Valley, MA 01611 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cherry Valley?
The typical home went under contract in 27 days in the latest three months.
Do homes in Cherry Valley sell over asking?
71% of homes sold above their original list price, and the typical sale closed at 102.7% of the list price.
What are property taxes in Cherry Valley?
About 1.28% of a home’s value a year in Worcester County, or roughly $5,120 on a $400,000 home.
What is the median home price in Cherry Valley?
The median sale price was $439,810 in the three months ending August 31, 2026, about $292 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology