Cherokee, KS is an excellent place to invest in housing. The median value of a house is currently $76,600, which is much lower than the national median of $338,100. In addition to this great value, Cherokee has seen a 10.51% appreciation in housing values over the past year – higher than the 8.27% national average! Investing in housing in Cherokee provides a great opportunity for good returns and solid investment security.
The median home cost in Cherokee is $76,600. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Cherokee is up 13.8%.
Average Age of Homes
- The median age of Cherokee real estate is 69 years old
The Rental Market in Cherokee
- Renters make up 19.0% of the Cherokee population
- 2.0% of houses and apartments in Cherokee, 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.