Year-over-year, Cherry Grove’s rolling three-month data shows a sharp shift in pricing. The median list price is down more than fifty percent compared with this time last year, falling from around the high $600,000s to about $247,000. New listings over the same rolling period are also lower than a year ago, pointing to fewer homeowners bringing properties to market.
Looking at the latest rolling three-month window ending in June 2026, inventory is still limited but has increased. Active listings are up to three, more than double the level seen in early 2026, yet only two new listings came on during this period, reinforcing the tight supply. In prior years, similar summer periods often saw three or more new listings, so current conditions reflect a leaner pipeline of homes.
Historical patterns highlight how quickly conditions can change in a small market like Cherry Grove. In mid-2025, homes sold in as few as 3 days with about one month of supply, while in mid-2024, days on market stretched to over 150 with roughly three months of supply. The current market gauge still classifies Cherry Grove as a seller’s market, even with the recent price reset. With these shifting dynamics, both buyers looking for value and sellers weighing timing can benefit from Agent Pronto’s help in finding an experienced local agent.
