Cherry Tree, PA housing market
The typical Cherry Tree home is worth about $139,000, up 10.3% in a year, 52% below the Pennsylvania typical home.
Home values, sales, trends and how Cherry Tree compares with the towns next door — updated as new data is published.
Cherry Tree at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2020–2026
Show as a table
| January | Cherry Tree | Pennsylvania |
|---|---|---|
| 2021 | $123,000 | $219,000 |
| 2022 | $123,000 | $240,000 |
| 2023 | $129,000 | $257,000 |
| 2024 | $125,000 | $268,000 |
| 2025 | $126,000 | $280,000 |
| 2026 | $131,000 | $287,000 |
| August 2026 | $139,000 | $290,000 |
No new homes permitted in 2010
No permits for new homes were issued in Cherry Tree in 2010. The last year with any was 2003 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 1 | 1 | 0 | $45,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Cherry Tree's permit office didn't report to the Census in 2010, so the 2010 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Cherry Tree and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Cherry Tree | $139K | +10.3% | $970 | — | $60,625 |
| Green | — | — | $1,010 | 1 | $60,274 |
| Susquehanna | — | — | $970 | 2 | $52,431 |
| Burnside | — | — | $1,040 | 0 | $70,417 |
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Cherry Tree is $970 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $750 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (15724; Johnstown, PA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.