Cherokee, NC Foreclosures
How much do homes sell for in Cherokee, NC?
The average home price is currently $263,297.
In Cherokee, NC, how many homes are available?
There are currently 2 active home listings available in Cherokee.
What’s the average rental cost in Cherokee, NC?
The average rental price in Cherokee is $1,050.
What is the most expensive home in Cherokee?
The most expensive home sold in Cherokee had a price of $571,943.
What is currently the cheapest priced home in Cherokee, NC?
The cheapest home for sale in Cherokee is priced at $27,665.
Living in Cherokee, NC
Cherokee, NC is a picturesque town nestled in the Smoky Mountains, rich in Native American culture and history. It offers a range of outdoor activities, including hiking, fishing, and more, alongside attractions like Harrah's Casino. Residents enjoy a community-centric lifestyle with access to various amenities and recreational activities.
Current Market Conditions in Cherokee, NC
The Cherokee real estate market has shown signs of growth, with increasing demand for both permanent residents and vacation homes due to its scenic beauty and cultural significance. Properties are being snapped up quickly, reflecting a competitive market where buyers are looking for investment opportunities as well as personal retreats.
For those considering selling, now is an opportune time, as home values have begun to rise due to growing interest in the area as a tourist destination and residential haven. The number of homes sold has seen a steady increase, indicating a strong market trend.
Home Value Estimator For Cherokee, NC
There are currently 22 real estate properties
in Cherokee, NC,
with a median automated valuation model (AVM) price
of $261,840.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cherokee, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cherokee, NC,
is $263,297.00, with the most expensive house
in Cherokee, NC, topping out
at $571,943.00 and the cheapest home
in Cherokee, NC,
clocking in at $27,665.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cherokee, NC!
Rent Prices
In Cherokee, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cherokee, NC, is on
a rollercoaster ride. The
average rent price in Cherokee, NC,
is $1,050.00. Indeed, when looking to rent in
Cherokee, NC, you can expect to pay as little
as $650.00 or as much
as $1,770.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Cherokee, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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