Cherokee County, AL Home Values & Market Trends

The median home price in Cherokee County, AL is $186,224.7. There were 270 home sales in Cherokee County, AL over the past 12 months. The median residential Cherokee County, AL home value for transactions over the previous year is $175,500. The number of current listings in Cherokee County, AL is 44, and the percentage of properties for sale is 44.00%. The county has 8 foreclosures, 2 bank owned properties, 6 headed for auction, and 44 properties for sale.

Cherokee County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Centre

$ 297,137

$ 147/sqft

Leesburg

$ 179,520

$ 117/sqft

Cedar Bluff

$ 430,000

$ 153/sqft

Gaylesville

$ 239,431

$ 144/sqft

Housing Market Summary for Cherokee County, AL

Apr 2023March 2024Change
Median Listing Price$362K$192.9K-46.72%
Median Sold Price$207.8K$192.9K-7.20%
Homes For Sale846475.00%
Homes Sold14816310.14%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Cherokee County, AL

Cherokee County, AL home values range from $17,358 to $8,390,000. Cedar Bluff is the priciest city with a median listing home price of $500,000, and Leesburg is most affordable with average house prices of around $250,000.

Foreclosure
There are 4 cities within Cherokee County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $244,364 in Centre to the lowest value of $104,500 in Centre. Foreclosure homes account for 0.00% of properties in Cherokee County, AL with Centre containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Cherokee County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 4 cities within Cherokee County, AL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cherokee County, AL ranges from the highest value of $165,368 in Leesburg to the lowest value of $104,500 in Centre. Bank owned homes and properties account for 0.02% of properties in Cherokee County, AL. There are 4 cities within Cherokee County, AL; Leesburg containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Cedar Bluff has 2 auction properties, the highest number of properties going to auction in a single city in the state of Cherokee County, AL. Auction homes and other auction properties account for 0.05% of all properties in Cherokee County, AL. There are 4 cities within Cherokee County, AL; of those cities, the median estimated home value for homes going to auction ranges from $320,776 in Gaylesville to the lowest value of $210,000 in Gaylesville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.38% of residential properties in Cherokee County, AL with Centre containing 25 homes for sale, the highest number of listed properties in a single city. There are 4 cities within Cherokee County, AL; homes for sale in those cities, have a range of median values from $239,431 in Gaylesville to the lowest value of $101,000 in Leesburg.
    Sold Homes
    The median value for recently sold homes ranges from $327,172 in Gaylesville to the lowest price of $24,465 in Gaylesville. There are 4 cities within Cherokee County, AL. Centre has 56 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.30% of properties in Cherokee County, AL.

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      Guide for Cherokee County, AL

      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
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      See More Articles
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes Cherokee County, AL

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