The Cherokee Triangle housing market is somewhat competitive. The median sale price of a home in Cherokee Triangle was $388K last month, up 31.8% since last year. The median sale price per square foot in Cherokee Triangle is $206, down 2.1% since last year.
What is the housing market like in Cherokee Triangle today?
In March 2024, Cherokee Triangle home prices were up 31.8% compared to last year, selling for a median price of $388K. On average, homes in Cherokee Triangle sell after 47 days on the market compared to 61 days last year. There were 12 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$387,500
+31.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cherokee Triangle, KY
$387,500
+31.8%
United States
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How hot is the Cherokee Triangle housing market?
Cherokee Triangle is somewhat competitive. Homes sell in 46.5 days.
0
100
43
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 14 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 Triangle housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cherokee Triangle.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cherokee Triangle has a moderate risk of flooding. 88 properties in Cherokee Triangle are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Cherokee Triangle. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cherokee Triangle has a minor risk of wildfire. There are 13 properties in Cherokee Triangle that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Cherokee Triangle.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cherokee Triangle has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cherokee Triangle is most at risk from hurricanes. 1,165 properties in Cherokee Triangle 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 52 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Cherokee Triangle has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Cherokee Triangle have a Major Heat Factor®.
Cherokee Triangle is expected to see a 171% increase in the number of days over 104ºF over the next 30 years. Cherokee Triangle is expected to experience 6