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Single-family Foreclosures in Cherokee, IA

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Cherokee, IA Foreclosures

How much do homes sell for in Cherokee, IA?
The average home price is currently $184,929.
In Cherokee, IA, how many homes are available?
There are currently 52 active home listings available in Cherokee.
What’s the average rental cost in Cherokee, IA?
The average rental price in Cherokee is $1,140.
What is the most expensive home in Cherokee?
The most expensive home sold in Cherokee had a price of $3,212,887.
What is currently the cheapest priced home in Cherokee, IA?
The cheapest home for sale in Cherokee is priced at $10,021.

Living in Cherokee, IA

Cherokee, Iowa, is a quaint city known for its friendly community and rich history. Nestled in the rolling hills of northwest Iowa, it offers a blend of small-town charm and modern conveniences. With a population of just over 5,000, residents enjoy a peaceful lifestyle while being close to outdoor recreational activities and local amenities.

Current Market Conditions in Cherokee, IA

The Cherokee real estate market is currently favorable for both buyers and sellers, with a steady increase in home values over the last few years. The community's appeal, with its low living costs and quality of life, continues to attract families and retirees alike. Inventory is moderate, and homes are seeing a reasonable time on the market as interest remains high.

Recent trends indicate a growing interest in residential properties, particularly single-family homes, as many people are moving to areas where they can enjoy more space and access to nature.

Home Value Estimator For Cherokee, IA

There are currently 2,902 real estate properties in Cherokee, IA, with a median automated valuation model (AVM) price of $141,825.00. 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, IA, 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, IA, is $184,929.00, with the most expensive house in Cherokee, IA, topping out at $3,212,887.00 and the cheapest home in Cherokee, IA, clocking in at $10,021.00. In other words, there’s something for every potential homebuyer or savvy investor in Cherokee, IA!

Rent Prices In Cherokee, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cherokee, IA, is on a rollercoaster ride. The average rent price in Cherokee, IA, is $1,140.00. Indeed, when looking to rent in Cherokee, IA, you can expect to pay as little as $640.00 or as much as $2,470.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Cherokee, IA -- 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.

Cherokee, IA Single-family Homes


Market Trend for Cherokee, IA

Total Listings Available: 52

Market Values:

Home Prices from $10,021 to $3,212,887

Average Sales Price: $184,929

Rental Values:

Rental from $640 to $2,470

Average Rent Value: $1,140 / month

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