35616 Home Values & Market Trends
There are 59 homes currently listed for 35616. 35616 real estate market trends show that home prices range from $39,900 to $970,000, and the median sales price in the 35616 zip code is $172,524. The total number of properties sold within the past twelve months is 40. In 35616, 3 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
35616 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Cherokee | $ 172,524 $ 112/sqft |
Housing Market Summary for 35616
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $134.9K | $124.9K | -7.41% |
| Median Sold Price | $131.5K | $162.9K | 23.92% |
| Homes For Sale | 48 | 59 | 22.92% |
| Homes Sold | 39 | 27 | -30.77% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 35616
Browse Homes in 35616
The median list price of a home in Cherokee, is $172,524. A total of 59 properties are for sale, and the percentage of properties for sale in the zip code is 59.00%. The total count of 35616 properties is 92.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 35616 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 35616; of that 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 35616 ranges from the highest value of $74,658 in cherokee to the lowest value of $74,658 in cherokee. Bank owned homes and properties account for 1.09% of properties in 35616. There is 1 cities within 35616; cherokee containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscherokee has 2 auction properties, the highest number of properties going to auction in a single city in the state of 35616. Auction homes and other auction properties account for 2.17% of all properties in 35616. There is 1 cities within 35616; of that cities, the median estimated home value for homes going to auction ranges from $173,832 in cherokee to the lowest value of $102,765 in cherokee.
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Guide for 35616
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.