Is Cherry Valley, AR 72324 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Cherry Valley is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Cherry Valley housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Cross County, AR

Population	2,051
Median income	$36,324
Average income	$77,753
Median home value	$104,900
Median rent	$854/month
Owner-occupied	61% of homes
Median year built	1981
Walkability	3.9 of 20 · least walkable

Natural hazard riskEarthquakes (relatively high), extreme heat (relatively high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 72324; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 72324

Prefilled for 72324Can I win this house?Multiple-offer likelihood for a listing Prefilled for 72324Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hickory Ridge 72347Seller’s market $96 /sq ft Parkin 72373Seller’s market $74 /sq ft Wynne 72396Balanced $121 /sq ft Browse all markets →

Towns like Cherry Valley nearby

Find towns like Cherry Valley in other states →

Tyronza, AR72386 · 24 miles away80% similarsmaller · more homeowners Palestine, AR72372 · 31 miles away79% similar6 min shorter commute · more homeowners Marked Tree, AR72365 · 21 miles away78% similarolder residents · more walkable Lepanto, AR72354 · 28 miles away63% similarcheaper homes ($32K less) · 11 min shorter commute

Where Cherry Valley is

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Questions about Cherry Valley real estate

What are property taxes in Cherry Valley?

About 0.51% of a home’s value a year in Cross County, or roughly $2,040 on a $400,000 home.

Local agents

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More tools for 72324

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Cross County property taxes Cross County loan limits Closing costs in Arkansas Hottest ZIP codes in Arkansas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology