$122,500
0.29 Acres
Land
Listing Office: Lakeweissalabama.Com
Is Cherokee County, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Cherokee County was a Seller's Market.
Key Takeaway
Cherokee County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cherokee County, AL
How much do homes in Cherokee County, AL cost?
Median Sold Price
$260,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$20,000(+8.3%)
Key Takeaway
Homes in Cherokee County have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Cherokee County was $260,000 in September 2024, up 8.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.2K | $88K | -13.1% |
| 2 Bedrooms | $228K | $265K | +16.2% |
| 3 Bedrooms | $240K | $224.9K | -6.3% |
| 4 Bedrooms | $295K | $442K | +49.8% |
| 5+ Bedrooms | $430K | $597.4K | +38.9% |
Summary: Cherokee County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes increased by 16.2%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 49.8%, and 5+ bedroom homes increased by 38.9%.
Median Sold Price Compared To Nearby Counties
| DeKalb County | $212.5K | $231.3K | +8.9% |
| Floyd County | $226K | $245K | +8.4% |
| Cherokee County | $240K | $260K | +8.3% |
| Polk County | $240.2K | $255K | +6.1% |
| Chattooga County | $193.7K | $199.9K | +3.3% |
Housing Supply in Cherokee County, AL
How many homes are available in Cherokee County, AL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 153 | 154 | +0.7% |
Summary: The Cherokee County real estate market had 154 homes for sale in September 2024, a 0.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 25 | 27 | +8.0% |
| 3 Bedrooms | 72 | 70 | -2.8% |
| 4 Bedrooms | 37 | 41 | +10.8% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Cherokee County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cherokee County, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Cherokee County in September 2024, down by 33.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Cherokee County, AL
How long does it take to sell a home in Cherokee County, AL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 83 Days | 99 Days | +19.9% |
Summary: Homes in Cherokee County had an average of 99 days on market in Sep 2024, up by 19.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cherokee County has remained consistent over time.
Summary: During September 2024, 14 homes were sold in Cherokee County; 0% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.