The Lake Cherokee housing market is somewhat competitive. The median sale price of a home in Lake Cherokee was $770K last month, up 18.8% since last year. The median sale price per square foot in Lake Cherokee is $337, down 1.7% since last year.
What is the housing market like in Lake Cherokee today?
In April 2024, Lake Cherokee home prices were up 18.8% compared to last year, selling for a median price of $770K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$770,000
+18.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lake Cherokee, FL
$770,000
+18.8%
United States
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How hot is the Lake Cherokee housing market?
Lake Cherokee is somewhat competitive. Homes sell in 24 days.
0
100
42
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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 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 Lake Cherokee housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Cherokee.
Risk Factor
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Cherokee has a minor risk of flooding. 2 properties in Lake Cherokee are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Lake Cherokee. Flood risk is increasing slower than the national average.
22% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Cherokee has a minor risk of wildfire. There are 59 properties in Lake Cherokee that have some risk of being affected by wildfire over the next 30 years. This represents 22% of all properties in Lake Cherokee.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Cherokee has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Cherokee is most at risk from hurricanes. 259 properties in Lake Cherokee 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 140 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 152 mph.