Is Cherry Valley, NY 13320 a buyer’s or seller’s market?

The Cherry Valley housing market right now

In the three months ending August 31, 2026, 50% of homes in Cherry Valley, NY 13320 sold above their list price, the typical home went under contract in 12 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 33%, homes sold faster (98 days then) and the median sale price rose 28% to $197,664. Overall, Cherry Valley is more competitive than a year ago, so tougher for buyers.

Within Otsego County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 77%.

Nearby, buyers who want less competition could look at Otego 13825 (0% sold over asking) or Milford 13807 (0% sold over asking), while East Worcester 12064 (100% sold over asking) and Morris 13808 (60% sold over asking) are even more competitive.