The Cherokee housing market is somewhat competitive. The median sale price of a home in Cherokee was $263K last month, down 1.9% since last year. The median sale price per square foot in Cherokee is $123, down 28.9% since last year.
What is the housing market like in Cherokee today?
In October 2024, Cherokee home prices were down 1.9% compared to last year, selling for a median price of $263K. On average, homes in Cherokee sell after 58 days on the market compared to 39 days last year. There were 14 homes sold in October this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$262,500
-1.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cherokee, TN
$262,500
-1.9%
United States
To compare other locations to the Cherokee and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Johnson City add value to a home.
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How hot is the Cherokee housing market?
Cherokee is somewhat competitive. Homes sell in 35 days.
0
100
59
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 35 days.
Hot homes
can sell for around list price and go pending in around 20 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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cherokee.
Flood Factor - Moderate
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cherokee has a moderate risk of flooding. 334 properties in Cherokee are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Cherokee. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cherokee has a moderate risk of wildfire. There are 1,550 properties in Cherokee that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Cherokee.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cherokee has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cherokee is most at risk from hurricanes. 1,550 properties in Cherokee have some risk of being in a severe wind event within the next 30 years.