Cherokee Village, AR is a great place to buy a house. The median value of housing in Cherokee Village is $110,200, which is significantly lower than the US House median value of $338,100. This makes it an attractive option for those searching for more affordable housing options. Additionally, the 1 year house appreciation rate in Cherokee Village is 15.07%, which is higher than the US appreciation rate of 8.27%. This makes buying a home in Cherokee Village a good investment for those looking to reap financial benefits over time from their home purchase.
The median home cost in Cherokee Village is $110,200. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Cherokee Village is up 17.9%.
Average Age of Homes
- The median age of Cherokee Village real estate is 40 years old
The Rental Market in Cherokee Village
- Renters make up 15.9% of the Cherokee Village population
- 0.0% of houses and apartments in Cherokee Village, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.