Commercial Real Estate Market in Cherry Valley, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 215 off-market properties in Cherry Valley, MA. Commercial property asks $302/SF to buy and $12.73/SF/Yr to lease.
Market Trends
Cherry Valley, MA spans 3.4 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Cherry Valley, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Cherry Valley, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Cherry Valley, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Cherry Valley, MA asks $194/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Cherry Valley, MA has 2,277 residents in 845 households. Density runs 666 people per square mile. Median household income here is $118,389 and median gross rent $1,040 a month.
2,277
Population
845
Households
2.7
Avg Household Size
41
Median Age
28%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
666
Density / Sq Mi
$118,389
Median Household Income
$46,424
Median Earnings
$1,040
Median Rent
$306,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Leicester | — | $12.73 |
| Auburn | — | $18.10 |
| Spencer | — | $17.44 |
Commercial property in Cherry Valley, MA asks $302/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cherry Valley?
Commercial property in Cherry Valley, MA asks an average of $302 per square foot. The 4 most recent recorded sales traded at a median of $72/SF, so asking sits 319% above the achieved median. Multifamily carries the highest asking price at $194/SF.
How much does it cost to lease commercial space in Cherry Valley?
Asking lease rates in Cherry Valley, MA average $12.73 per square foot per year.
Where does Realmo's Cherry Valley market data come from?
Realmo compiles Cherry Valley, MA figures from 7 recent recorded sales, 21 active sale listings, 9 active lease listings, 215 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 9 active for-lease listings in Cherry Valley, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
