Home Values

Cherry Hills Village Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$1,382,400

  • 8.5% 1-year change
  • 1.1% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in Cherry Hills Village is $1,382,400. Cherry Hills Village home values have gone up 8.5% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in Cherry Hills Village is $407, which is higher than the Denver Metro average of $184. The median price of homes currently listed in Cherry Hills Village is $2,095,000 while the median price of homes that sold is $1,647,900.

Foreclosures will be a factor impacting home values in the next several years. In Cherry Hills Village 3.1 homes are foreclosed (per 10,000). This is greater than the Denver Metro value of 2.5 and also lower than the national value of 4.3

Read more
Relative ZHVI
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Cherry Hills Village Market Overview

Data through Aug 31, 2014
  • $1,382,400 ZHVI
  • 1.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Aug 31, 2015)
  • $2,095,000 Median listing price
  • $1,647,900 Median sale price (Jul 31, 2014)
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Cherry Hills Village Market Health

Data through Aug 31, 2014
  • 5.0/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.1 homes Cherry Hills Village
2.5 homes Denver Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Columbine Valley $720,500 Greenwood Village $707,000 Lone Tree $464,700
Highlands Ranch $347,000 Centennial $307,700 Littleton $280,500
Acres Green $260,700 Englewood $229,700 Sheridan $176,200

Listings & Sales

Data through Aug 31, 2014
  • $407 Median list price / sq ft
  • $355 Median sale price / sq ft (Jul 31, 2014)
  • 35.9% Listings with price cut
7.5%
Sold below listing
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Cherry Hills Village Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $4,571 Cherry Hills Village
    $1,737 Denver Metro
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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