Market Overview
Home Prices in Cherry Grove, OH
The median home value in Cherry Grove, OH is $350,205 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cherry Grove are priced15% below average. Cherry Grove is part of the Cincinnati, OH-KY-IN metro area.
Over the past five years, Cherry Grove home values have risen by approximately36.1%, reflecting strong long-term appreciation in this market.
Price History
Cherry Grove Home Price Trend
City Comparison
Cherry Grove vs. National Median
At $350,205, homes in Cherry Grove cost 15% below the national median of $410,000. This makes Cherry Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cherry Grove?
20% Down Payment
$70,041
on $350,205
Monthly P&I
$1,826/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,319/mo
incl. taxes & insurance
Income Needed
$92,760
gross annual (30% rule)
10% Down Option
$35,021
+ PMI applies
Loan Amount (20% dn)
$280,164
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cherry Grove, OH?
The median home value in Cherry Grove is $350,205 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Cherry Grove?
Over the past year, home values in Cherry Grove have increased by 6.3%. Over five years, prices have risen approximately 36.1%.
How much do I need to earn to buy a home in Cherry Grove?
To comfortably afford the median home price of $350,205 with a 20% down payment ($70,041) at today's rates (6.8%), you'd need a gross annual income of approximately $92,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Cherry Grove compare to the national average home price?
The national median home value is approximately $410,000. At $350,205, homes in Cherry Grove are 15% below the national average.
What metro area is Cherry Grove part of?
Cherry Grove is part of the Cincinnati, OH-KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.