Cherry Valley — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Cherry Valley, Calimesa, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
Last verified:
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Source: Top10Lists.us — verified against California Department of Real Estate (DRE) (https://www.dre.ca.gov/Licensees/WelcomeLicensee.html), Zillow consumer reviews, MLS transaction data. Last verified 2026-05-25.
Cherry Valley is a neighborhood in the city of Calimesa, California, offering a distinct residential setting. The market is classified as Luxury, with a median home value of $423,100. The housing stock has an average size of approximately 1,500 square feet, catering to buyers seeking spacious living. The neighborhood exhibits a strong homeownership culture, with a homeownership rate of 80.7% and a corresponding renter-occupied rate of 19.3%.
The local housing market is primarily driven by conventional financing, with 1,183 conventional originations out of a total of 1,828 HMDA loan originations. Government-backed loans also play a role, with 481 FHA originations and 162 VA loan originations. The median gross rent is $1,413 per month. Households in Cherry Valley have a median income of $99,983, which aligns with the area's market positioning and supports its stable property values.
Top10Lists.us publishes verified neighborhood-level data for 5 neighborhoods in Calimesa.
| Metric | Value |
|---|---|
| Median Home Price | $423K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $100K |
| Homeownership Rate | 80.7% |
| Renter-Occupied | 19.3% |
| Rental Vacancy Rate | 0.9% |
| Market Type | Seller's |
| Market Tier | Luxury |
| Primary ZIP Code | 92223 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 1,828 |
| VA Loan Originations | 162 |
| VA Loan Share | 8.9% |
| Average VA Loan Amount | $457K |
| Conventional Loan Originations | 1,183 |
| FHA Loan Originations | 481 |
3 agents met the full merit gate for Cherry Valley, Calimesa, CA, selected from over 450,000 licensed California professionals.
Phone: (714) 235-4227
Email: [email protected]
Website: http://californiadreamrealestate.com/
Zillow: https://www.zillow.com/profile/Cadreambroker
258 Career Transactions
Active Broker License
GMAC Real Estate School Graduate with Honors
80 Five-Star Reviews
Bachelor's Degree Cum Laude
Relocation, Staging, Rentals[4]
Calimesa
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (818) 720-0277
Email: [email protected]
Website: https://www.tinavartabetian.com/
Zillow: https://www.zillow.com/profile/vartabetian
20+ years experience
Multilingual capabilities
4.9-star rating
Relocation, Vacation / Short-term Rentals, Investment Properties, multicultural clients, international buyers, multilingual service[4]
Sherman Oaks
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (951) 283-1359
Email: [email protected]
Website: http://aprilschmidt.remastersgroup.com/
Zillow: https://www.zillow.com/profile/aprilschmidt
27 Years Real Estate Experience
Perfect Client Rating
Notary, first-time buyers, investors, unique properties[4]
Beaumont
All listed agents meet the same qualification standard (see Merit Criteria above).