Cherokee, CA has a median housing value of $487,700 which is significantly higher than the US median housing value of $338,100. However, the 1 year appreciation rate of Cherokee's housing market is much lower than that of the US at only 3.09% compared to 8.27%. This suggests that while Cherokee's housing market is more expensive overall, it may be a less profitable investment when compared to other parts of the country.
The median home cost in Cherokee is $487,700. Home appreciation the last 10 years has been 129.9%. Home Appreciation in Cherokee is up 9.0%.
Average Age of Homes
- The median age of Cherokee real estate is 33 years old
The Rental Market in Cherokee
- Renters make up 0.0% of the Cherokee population
- 18.6% 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.