Market Intelligence · NY / Cherry Creek

Cherry Creek, NY 14723 Housing Market

In Cherry Creek, NY 14723, the typical home value is $170,102, up 5.5% over the past year as of September 2026. Sellers are listing at a median of $241,250, and homes are taking a median of 127 days to sell. The difference between asking and typical value deserves attention.

Updated September 2026Median value$170K

The median home value in Cherry Creek, NY 14723 is $170K as of September 2026, up 5.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 14723 range

$156K to $184K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.5% over 12 months

Typical home value in 14723 over the last 12 months: $161K in Sep 2025 to $170K in Sep 2026 (+5.5%).

Sep 2025$161K

Sep 2026$170K

The numbers

What is the 14723 housing market like?

Typical home value

$170K

Up5.5%YoY

Median list price

$241K

Down6.3%MoM

Days on market

127

Up44.3%MoM

Homes for sale

3

Up50.0%MoM

Price cuts

0.0%

New listings

0

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

14723 housing market forecast 2027

+4.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 14723 to rise 4.2% by September 2027.

Over the 12 months through September 2026, typical home values in 14723 rose 5.5%, per the Zillow Home Value Index.

Will home prices drop in 14723?

Zillow's forecast does not call for a drop: it expects typical home values in 14723 to rise 4.2% by September 2027, after a 5.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 14723 home prices compare?

  • 14723$170,102
  • Cherry Creek$170,102
  • New York$329,626
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Cherry Creek: 1 ZIP; New York: 1,561 ZIPs; United States: 26,262 ZIPs).

Context

Cherry Creek, NY 14723 had only 3 homes for sale in September 2026, so each listing carries unusual weight in the read. The typical value is $170,102 and is up 5.5% over the past year, while the median list price is $241,250. A median of 127 days on market points to slow decisions and thin demand rather than a quick churn. The 0.0% share of listings with a price cut can mean sellers are holding firm, but with so few listings it is not proof of broad strength. For a seller, patience and realistic pricing matter more than confidence.

Monthly payment

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20% · $34,020

Common questions

What people ask us.

How much is a home in 14723 worth?

The typical home value in Cherry Creek, NY 14723 is $170,102 as of September 2026, up 5.5% over the past year.

Are homes selling quickly in 14723?

Not by current standards: the median days on market is 127 as of September 2026.

Are sellers cutting prices in 14723?

The share of listings with a price cut is 0.0% as of September 2026, with 3 homes for sale.

Keep reading

Guides for sellers.