Cherokee, NC Foreclosures
How much do homes sell for in Cherokee, NC?
The average home price is currently $265,690.
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 $559,512.
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 culturally rich town nestled in the Smoky Mountains, known for its Native American heritage and stunning natural landscapes. The community offers a unique blend of history, outdoor activities, and warm hospitality. With numerous attractions such as the Cherokee Indian Museum and the nearby Great Smoky Mountains National Park, Cherokee provides an ideal location for those seeking adventure or relaxation.
Current Market Conditions in Cherokee, NC
The real estate market in Cherokee, NC, has shown remarkable resilience and growth over the past year. As more people are drawn to this scenic area for its rich cultural history and outdoor recreation opportunities, home values have steadily risen. New developments are popping up, catering to both locals and tourists, particularly in vacation rentals and seasonal properties.
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 $264,417.00. 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 $265,690.00, with the most expensive house
in Cherokee, NC, topping out
at $559,512.00 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.
Learn more on Foreclosure homes
