County market report · FIPS 31031
Cherry County, NE
Outside a metro area · Population 5,781 (Census V2020 est.)
Typical value
$221,476
Sep 2026
1M
-0.4%
3M
-1.7%
12M
-5.6%
5Y
+21.5%
10Y
+66.0%
From peak
-9.0%
Peak $243,446 · May 2025
Rank US / state
2967 / 87
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyD · Accelerating Downturn
r3-1.66%p3-0.27%Acceleration-1.39ppMonths persisting1Evidence (Price-Only)65/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $228,415 | +2.4% |
| 2024 | $223,008 | +9.1% |
| 2023 | $204,447 | +1.6% |
| 2022 | $201,247 | +10.3% |
| 2021 | $182,398 | +4.8% |
| 2020 | $174,003 | +8.1% |
| 2019 | $160,918 | +4.5% |
| 2018 | $153,942 | +11.3% |
| 2017 | $138,357 | +3.5% |
| 2016 | $133,716 | — |