The housing median value in Cherokee, NC County is $265,600, which is slightly lower than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, while the house 1 year appreciation rate in Cherokee, NC county is 13.80%. This shows that the housing market in this area has experienced a much higher rate of growth in comparison to the national average. This indicates that investing in real estate property in the area could be a wise move for potential buyers and investors looking for a return on their investment.
The median home cost in Cherokee County is $265,600. Home appreciation the last 10 years has been 81.6%. Home Appreciation in Cherokee County is up 23.4%.
Average Age of Homes
- The median age of Cherokee County real estate is 28 years old
The Rental Market in Cherokee County
- Renters make up 10.5% of the Cherokee County population
- 0.4% of houses and apartments in Cherokee County, 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.