Is Cherokee County, KS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cherokee County has remained a Seller's Market.
Housing Prices in Cherokee County, KS
How much do homes in Cherokee County, KS cost?
Median Sold Price
$110,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cherokee County was $110,000 in April 2024, up 17.6% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58.5K | $22.5K | -61.5% |
2 Bedrooms | $72.5K | $40K | -44.8% |
3 Bedrooms | $107.5K | $127K | +18.1% |
4 Bedrooms | $145K | $214.4K | +47.9% |
5+ Bedrooms | $221.5K | $210K | -5.2% |
Summary: Cherokee County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61.5%, 2 bedroom homes decreased by 44.8%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 47.9%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Counties
Cherokee County | $93.5K | $110K | +17.6% |
Jasper County | $174.9K | $187.4K | +7.2% |
Crawford County | $120K | $125K | +4.2% |
Ottawa County | $350K | $310K | -11.4% |
Housing Supply in Cherokee County, KS
How many homes are available in Cherokee County, KS?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 114 | +29.5% |
Summary: The Cherokee County real estate market had 114 homes for sale in April 2024, a 29.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 18 | 25 | +38.9% |
3 Bedrooms | 46 | 58 | +26.1% |
4 Bedrooms | 19 | 25 | +31.6% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cherokee County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 20 | +122.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Cherokee County in April 2024, up by 122.2% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for Cherokee County, KS
How long does it take to sell a home in Cherokee County, KS?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 73 Days | +13.4% |
Summary: Homes in Cherokee County had an average of 73 days on market in Apr 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Cherokee County; 15% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.