Cherry Valley, New York.
. Oneonta, NY metro.
to buy the typical home at today's mortgage rate — +$1,478 (+116%) since Jan 2020.
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New York$2,755
- United States$1,922
Living in Cherry Valley, Otsego County, New York
Cherry Valley is a village of 467 people in Otsego County. Half its households earn more than $96,458 a year and half less, against $68,885 across Otsego County; 6% of its people live below the poverty line. 94% of its homes are lived in by their owners and 6% are rented. Unemployment in Otsego County was 4.4% in August 2026, and the county had 2.0% more jobs in 2025 than the year before. The most people in Otsego County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cherry Valley is a small village where nearly everyone owns the home they live in, and incomes run well above the county's. Poverty is lower here than in many places, and a good share of adults hold a four-year degree. Winters are cold, with January the coldest month, and summers are mild, with July the warmest.
Work. Residents work mostly in schools, hospitals and social care, with others in shops, in restaurants and hotels, and in manufacturing. Across Otsego County, the largest workplaces include SUNY Oneonta, Aurelia Osborn FOX Memorial Hospital and Hartwick College. The usual commute is a moderate drive, and few people work from home.
Things to do. Otsego Lake and Glimmerglass State Park, a protected area on its shore, are a short drive away and suit walks and time by the water. Summit Lake is also close by for a quieter spot on the shore. A longer drive brings you to the National Baseball Hall of Fame and Museum, one of the best known museums in the country.
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- 42%of adults have a degree
- 6%below the poverty line
- 21 mintypical commute
- 4%work from home
What people in Otsego County work in
Employed residents by industry, from the Census survey. Otsego County had 22,645 jobs in 2025, 2.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 28° and lows near 13°; warmest in July, with highs near 78° and lows near 58°.
Average daily high and low, 1991–2020, at the Cherry Valley Nne weather station, 2 miles away (NOAA).
Largest workplaces in Otsego County
- SUNY OneontaUniversity or college1,126
- Springbrook401
- Aurelia Osborn Fox Memorial HospitalGeneral hospital382FTE
- Hartwick CollegeUniversity or college366
- WalmartWarehouse clubs and supercenters348
- Oneonta City School DistrictSchool district295FTE
- Corning Inc - OneontaBottles, plastics, manufacturing205
- AvangridDistribution of electric power187
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 49 workplaces with 20 or more staff, 3,838 people in all across the county; Cherry Valley has none of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cherry Valley’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Otsego County and the Oneonta, NY metro.
Cherry Valley home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
Not enough data to draw this yet.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cherry Valley14
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Cherry Valley address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cherry Valley — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.