Is Cherokee County, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Cherokee County is a seller's market


Difference Since November 2022

Since last year, Cherokee County has remained a Seller's Market.

Key Takeaway

Cherokee County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cherokee County, GA

How much do homes in Cherokee County, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Cherokee County have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Cherokee County was $444,741 in November 2023, up 3.9% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $209.4K$417K
2 $319.9K$334.1K
3 $369.7K$388K
4 $453.6K$466K
5+ $599.9K$637.2K

Summary: Cherokee County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 99.1%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Counties

Fulton County
Cherokee County
Forsyth County
Pickens County
Cobb County

Housing Supply in Cherokee County, GA

How many homes are available in Cherokee County, GA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Cherokee County real estate market had 1,500 homes for sale in November 2023, a 1.6% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 34
2 125122
3 581605
4 454439
5+ 314330

Summary: The Cherokee County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 5.1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

155 Homes Were Sold
Under Asking

106 Homes Were Sold
At Asking

57 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cherokee County, you may be able to get a good deal. 48.7% of homes here sold below asking price last month.

Summary: A total of 344 homes were sold or pending in Cherokee County in November 2023, down by 9.2% month-over-month. Of the 318 sold homes, 49% were sold under asking, 33% were sold at asking, and 18% were sold over asking.

Days on Market for Cherokee County, GA

How long does it take to sell a home in Cherokee County, GA?

Average Sale Time

Nov 2022Nov 2023CHANGE
32 Days27 Days-14.0%

Summary: Homes in Cherokee County had an average of 27 days on market in Nov 2023, down by 14% compared to last year.

Breakdown of Home Sale Times

251 Homes Were Sold
Under 30 Days

66 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cherokee County are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 344 homes were sold in Cherokee County; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Cherokee County, GA

Nearby Markets to Cherokee County, GA

What housing markets are near Cherokee County, GA?