$5,600
1.36 Acres
Land
#24042943, John Tate, Listing Office: Ozark Gateway Realty (OGW LLC)
November 2024
Report Updated 2 Days Ago
Is Cherokee Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cherokee Township has remained a Buyer's Market.
How much do homes in Cherokee Township, AR cost?
$106,750
$91/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
Summary: The median home sold price in Cherokee Township was $106,750 in November 2024, down 15.8% from last month, and the median price per square foot was $91.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | - | N/A |
2 Bedrooms | $128.5K | $99.5K | -22.6% |
3 Bedrooms | $125K | $225K | +80.0% |
4 Bedrooms | $199.9K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Cherokee Township 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 decreased by 22.6%, 3 bedroom homes increased by 80%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Highland | $149.9K | $315K | +110.1% |
Highland Township | $149.9K | $315K | +110.1% |
Cherokee Village | $126.7K | $114K | -10.1% |
Cherokee Village | $126.7K | $114K | -10.1% |
Cherokee Township | $126.7K | $106.7K | -15.8% |
How many homes are available in Cherokee Township, AR?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
75 | 77 | +2.7% |
Summary: The Cherokee Township real estate market had 77 homes for sale in November 2024, a 2.7% increase compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 41 | 43 | +4.9% |
3 Bedrooms | 23 | 24 | +4.3% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cherokee Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Cherokee Township in November 2024, up by 12.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
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Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 2 Days Ago
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Last updated on: 12/3/2024, 12:23:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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