The Cherokee Village housing market is somewhat competitive. The median sale price of a home in Cherokee Village was $115K last month, down 5.0% since last year. The median sale price per square foot in Cherokee Village is $84, down 7.7% since last year.
What is the housing market like in Cherokee Village today?
In December 2024, Cherokee Village home prices were down 5.0% compared to last year, selling for a median price of $115K. On average, homes in Cherokee Village sell after 72 days on the market compared to 108 days last year. There were 13 homes sold in December this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$115,000
-5.0% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Cherokee Village, AR
$115,000
-5.0%
United States
To compare other locations to the Cherokee Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cherokee Village add value to a home.
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How hot is the Cherokee Village housing market?
Cherokee Village is somewhat competitive. Homes sell in 49 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 27 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cherokee Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cherokee Village.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cherokee Village has a minor risk of flooding. 1,463 properties in Cherokee Village are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Cherokee Village. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cherokee Village has a moderate risk of wildfire. There are 14,512 properties in Cherokee Village that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Cherokee Village.
94% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cherokee Village has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cherokee Village is most at risk from hurricanes. 13,691 properties in Cherokee Village have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 59 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 63 mph.
58% of properties are at major
risk of heat over the next 30 years
Heat Factor
Cherokee Village has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 58% of homes in Cherokee Village have a Major Heat Factor®.
Cherokee Village is expected to see a 185% increase in the number of days over 108ºF over the next 30 years. Cherokee Village is expected to experience 8