Cherokee, TX County has seen a rapidly increasing housing market in the past year. The median value of homes in the county is $186,000, which is significantly below the national median value of $338,100. However, house appreciation in Cherokee has far outpaced that of the US as a whole; over the last year it increased by an impressive 16.22%, more than double the 8.27% increase for all of the US. This rapid growth indicates that demand for homes in Cherokee is growing quickly and individuals and families can benefit from investing into real estate in this area.
The median home cost in Cherokee County is $186,000. Home appreciation the last 10 years has been 96.6%. Home Appreciation in Cherokee County is up 20.0%.
Average Age of Homes
- The median age of Cherokee County real estate is 38 years old
The Rental Market in Cherokee County
- Renters make up 24.1% of the Cherokee County population
- 2.1% 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.