Housing Prices in Cherokee, AL

How much do homes in Cherokee, AL cost?

Median List Price

$459,900

$131/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$169,600(-26.9%)

Key Takeaway

The list price of homes in Cherokee has decreased by 26.9% since October.

Summary: The median home list price in Cherokee was $459,900 in November 2024, down 26.9% from the previous month, and the median price per square foot was $131.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $295K$229.9K
-22.1%
4 $619K$619K
0.0%
5+ $1.3M$899K
-35.6%

Summary: Cherokee housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 35.6%.

Housing Supply in Cherokee, AL

How many homes are available in Cherokee, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
69+50.0%

Summary: The Cherokee real estate market had 9 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The Cherokee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Days on Market for Cherokee, AL

How long does it take to sell a home in Cherokee, AL?

Average Listing Age

Oct 2024Nov 2024CHANGE
90 Days81 Days-10.5%

Summary: Homes in Cherokee had an average listing age of 81 days in Nov 2024, down by 10.5% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Cherokee, AL

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