The housing market in Cherokee, NC (28719) is booming! The median value of housing in this area is $152,100, which is substantially less than the US median value of $338,100. However, the one year house appreciation in Cherokee has been 18.83%, much higher than the national average of 8.27%. This appreciation rate has made Cherokee a great investment for those looking to buy or sell homes. With the rapid growth occurring in the area and additional investments being made in new businesses and infrastructure, it seems that the future outlook for housing in Cherokee is very promising indeed.
The median home cost in Cherokee (zip 28719) is $152,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Cherokee (zip 28719) is up 22.1%.
Average Age of Homes
- The median age of Cherokee (zip 28719) real estate is 33 years old
The Rental Market in Cherokee (zip 28719)
- Renters make up 17.0% of the Cherokee (zip 28719) population
- 1.3% of houses and apartments in Cherokee (zip 28719), 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.