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Foreclosures in Cherokee, KS 66724

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Living in Cherokee, KS

Cherokee, KS, is a quaint community offering a peaceful lifestyle with natural beauty and close-knit community bonds. Residents can indulge in outdoor activities, shopping, and dining while enjoying the benefits of small-town living. Education is well-supported with quality schools in the area.

Current Market Conditions in Cherokee, KS

The real estate market in Cherokee has seen a steady demand for housing, especially from families seeking affordable options in a tranquil environment. Home prices remain relatively low, making it an attractive market for first-time buyers and investors alike.

Current trends indicate a growing interest in the area, with an influx of new residents looking for a quieter lifestyle away from the hustle and bustle of city life. This trend is expected to create opportunities for investment and development in the coming years.

Home Value Estimator For Cherokee, KS

There are currently 108 real estate properties in Cherokee, KS, with a median automated valuation model (AVM) price of $122,000.00. 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, KS, 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, KS, is $143,943.00, with the most expensive house in Cherokee, KS, topping out at $648,477.00 and the cheapest home in Cherokee, KS, clocking in at $15,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Cherokee, KS!

Rent Prices In Cherokee, KS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cherokee, KS, is on a rollercoaster ride. The average rent price in Cherokee, KS, is $963.00. Indeed, when looking to rent in Cherokee, KS, you can expect to pay as little as $600.00 or as much as $1,300.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Cherokee, KS -- 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, KS 66724 Foreclosures

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