51012, IA Housing Market

Homes for sale

The 51012 housing market is somewhat competitive. The median sale price of a home in 51012 was $168K last month, up 50.9% since last year. The median sale price per square foot in 51012 is $123, up 44.4% since last year.

Trends
Demand
Schools
Climate

51012 Housing Market Trends

What is the housing market like in 51012 today?

$168K

Sale Price

+50.9%
since last year

$123

Sale $/Sq. Ft.

+44.4%
since last year

Under List Price

4.4%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 51012 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Iowa add value to a home.

How hot is the 51012 housing market?

51012 is somewhat competitive. Homes sell in 48 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 48 days.
Hot homes
can sell for about 1% below list price and go pending in around 11 days.

Compare With Nearby Zip codes

50588

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 29 days.
Hot homes
can sell for around list price and go pending in around 7 days.

51002

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 51 days.
Hot homes
can sell for about 1% below list price and go pending in around 6 days.

See more nearby cities and neighborhoods

View houses in 51012 that sold recently

Recently sold homes

SOLD DEC 22, 2025
$177,000 Last Sold Price
3 beds
1 bath
802 sq ft
1122 W Willow St, Cherokee, IA 51012
List Price
$185,000
Sale to List
4% under list
Days on Market
49 days
1122 W Willow St, Cherokee, IA 51012
SOLD DEC 19, 2025
$124,000 Last Sold Price
3 beds
2 baths
1,550 sq ft
1008 N Hughes Ave, Cherokee, IA 51012
List Price
$129,000
Sale to List
4% under list
Days on Market
72 days
1008 N Hughes Ave, Cherokee, IA 51012
SOLD DEC 17, 2025
$210,000 Last Sold Price
4 beds
2 baths
1,731 sq ft
408 Sherman Ave, Cherokee, IA 51012
List Price
$215,000
Sale to List
2% under list
Days on Market
91 days
408 Sherman Ave, Cherokee, IA 51012
SOLD DEC 12, 2025
$203,000 Last Sold Price
4 beds
2.5 baths
2,565 sq ft
505 N Craig Dr, Cherokee, IA 51012
List Price
$222,000
Sale to List
9% under list
Days on Market
266 days
505 N Craig Dr, Cherokee, IA 51012
SOLD DEC 12, 2025
$159,250 Last Sold Price
3 beds
2 baths
1,620 sq ft
544 Park Ave, Cherokee, IA 51012
List Price
$168,500
Sale to List
5% under list
Days on Market
180 days
544 Park Ave, Cherokee, IA 51012
SOLD DEC 11, 2025
$71,000 Last Sold Price
2 beds
1 bath
980 sq ft
612 W Beech St, Cherokee, IA 51012
List Price
$78,400
Sale to List
9% under list
Days on Market
259 days
612 W Beech St, Cherokee, IA 51012
SOLD DEC 5, 2025
$145,000 Last Sold Price
2 beds
1 bath
1,488 sq ft
309 N 11th St, Cherokee, IA 51012
List Price
$155,000
Sale to List
6% under list
Days on Market
125 days
309 N 11th St, Cherokee, IA 51012
SOLD DEC 1, 2025
$38,000 Last Sold Price
3 beds
1 bath
972 sq ft
122 E Cherry St, Cherokee, IA 51012
List Price
$40,000
Sale to List
5% under list
Days on Market
173 days
122 E Cherry St, Cherokee, IA 51012
See all recently sold homes in 51012.
See listings

Schools in 51012

Learn about schools in the 51012 area

Elementary
Middle
High

GreatSchools Rating

9/10 Cherokee Middle School Public • 5-8	355 Students	N/A
7/10 Roosevelt Elementary School Public • PreK-4	492 Students	N/A

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 51012 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 51012.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

55% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 51012

City Housing Markets

Nearby Zip Code Housing Markets

County Housing Markets

Cherokee County Housing Market

City Listings

Nearby Zip Code Listings

County Listings

Cherokee County Real Estate

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