Cherokee, OK Foreclosures
How much do homes sell for in Cherokee, OK?
The average home price is currently $131,735.
In Cherokee, OK, how many homes are available?
There are currently 1 active home listings available in Cherokee.
What’s the average rental cost in Cherokee, OK?
The average rental price in Cherokee is $969.
What is the most expensive home in Cherokee?
The most expensive home sold in Cherokee had a price of $835,966.
What is currently the cheapest priced home in Cherokee, OK?
The cheapest home for sale in Cherokee is priced at $14,900.
Living in Cherokee, OK
Cherokee, OK is a quaint town in Alfalfa County known for its welcoming community atmosphere and access to outdoor recreational activities. The area blends historical charm with modern amenities and provides a peaceful setting for families and retirees. Local parks and the nearby Salt Fork River offer ample opportunities for outdoor fun.
Current Market Conditions in Cherokee, OK
The real estate market in Cherokee has been steadily growing over the past year, with an increase in home values reflecting the town's desirability. Increased demand has attracted buyers looking for affordable housing options in a tight-knit community.
Inventory has seen a slight decrease, and with fewer homes available, competition has intensified in recent months, leading to faster sales and potential bidding wars on well-priced properties.
Home Value Estimator For Cherokee, OK
There are currently 997 real estate properties
in Cherokee, OK,
with a median automated valuation model (AVM) price
of $84,873.00. 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, OK, 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, OK,
is $131,735.00, with the most expensive house
in Cherokee, OK, topping out
at $835,966.00 and the cheapest home
in Cherokee, OK,
clocking in at $14,900.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cherokee, OK!
Rent Prices
In Cherokee, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cherokee, OK, is on
a rollercoaster ride. The
average rent price in Cherokee, OK,
is $969.00. Indeed, when looking to rent in
Cherokee, OK, you can expect to pay as little
as $420.00 or as much
as $2,050.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Cherokee, OK
-- 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.