Commercial Real Estate Market in Cherry Creek, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 97 off-market properties in Cherry Creek, NY.
Market Trends
Cherry Creek, NY spans 45.4 square miles in Chautauqua County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cherry Creek, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Cherry Creek, NY asks $54/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Cherry Creek, NY 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 Creek, NY asks $33/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 Creek, NY has 1,222 residents in 559 households. Density runs 27 people per square mile. Median household income here is $63,611 and median gross rent $842 a month.
1,222
Population
559
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
84%
High-School Grad
45.4 sq mi
ZIP Area
27
Density / Sq Mi
$63,611
Median Household Income
$43,056
Median Earnings
$842
Median Rent
$101,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Dayton | — | — |
| Conewango Valley | — | — |
| Leon | — | — |
| Ellington | — | — |
Commercial property in Cherry Creek, NY asks $92/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cherry Creek?
Commercial property in Cherry Creek, NY asks an average of $92 per square foot. The 3 most recent recorded sales traded at a median of $14/SF, so asking sits 572% above the achieved median. Retail carries the highest asking price at $54/SF.
Where does Realmo's Cherry Creek market data come from?
Realmo compiles Cherry Creek, NY figures from 3 recent recorded sales, 11 active sale listings, 97 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Cherry Creek, NY. 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 31 August 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 31 August 2026 · report a data issue
