The Cherry Knolls housing market is very competitive. The median sale price of a home in Cherry Knolls was $840K last month, up 8.4% since last year. The median sale price per square foot in Cherry Knolls is $272, down 18.1% since last year.
What is the housing market like in Cherry Knolls today?
In March 2024, Cherry Knolls home prices were up 8.4% compared to last year, selling for a median price of $840K. On average, homes in Cherry Knolls sell after 4 days on the market compared to 24 days last year. There were 5 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$840,000
+8.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cherry Knolls, CO
$840,000
+8.4%
United States
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How hot is the Cherry Knolls housing market?
Cherry Knolls is very competitive. Homes sell in 6 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 6 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cherry Knolls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cherry Knolls.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cherry Knolls has a moderate risk of flooding. 45 properties in Cherry Knolls are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Cherry Knolls. Flood risk is increasing slower than the national average.
24% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cherry Knolls has a moderate risk of wildfire. There are 176 properties in Cherry Knolls that have some risk of being affected by wildfire over the next 30 years. This represents 24% of all properties in Cherry Knolls.
Cherry Knolls has minimal risk of severe winds over the next 30 years
Wind Factor
Cherry Knolls has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.