Market Intelligence · NY / Cherry Creek

Cherry Creek, NY 14723 Housing Market

Homes in Cherry Creek, NY 14723 have a typical value of $168,843, up 6.0% over the past year. The median list price is $257,500, though the market is moving slowly with a median of 88 days on market.

Updated August 2026Median value$173K

The median home value in Cherry Creek, NY 14723 is $173K as of August 2026, up 6.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Get a cash offer

Sell without the wait

Sell your Cherry Creek home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 14723 range

$159K to $186K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 14723 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Cherry Creek, NY.

12-month value trend

+6.2% over 12 months

Typical home value in 14723 over the last 12 months: $162K in Aug 2025 to $173K in Aug 2026 (+6.2%).

Aug 2025$162K

Aug 2026$173K

The numbers

What is the 14723 housing market like?

Typical home value

$173K

Up6.2%YoY

Median list price

$258K

Up8.4%MoM

Days on market

88

Up12.8%MoM

Homes for sale

2

Flat0.0%MoM

Price cuts

0.0%

New listings

0

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

Free home value report

See what your 14723 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 14723 home prices compare?

  • 14723$172,551
  • Cherry Creek$172,551
  • New York$332,241
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Cherry Creek: 1 ZIPs; New York: 1,561 ZIPs; United States: 26,265 ZIPs).

Context

Cherry Creek has only 2 homes for sale as of August 2026, with no new listings added to the market. The median asking price of $257,500 sits well above the typical home value of $168,843. Properties are taking 88 days to sell on average, which signals a slow market where buyers have time to decide. None of the active listings have seen price reductions. For sellers, the thin inventory and extended time-on-market suggest patience will be needed to find the right buyer at the right price.

Monthly payment

Estimate your monthly payment.

20% · $34,510

Common questions

What people ask us.

Keep reading

Guides for sellers.