Cherokee, AL Home Values & Market Trends
Real estate market trends reflect that there have been 40 transactions over the past year in Cherokee. The median value for residential home transactions that occurred over the previous year is $172,524. The number of current listings in Cherokee is 59, and the percentage of properties for sale in the city is 59.00%. Cherokee, AL currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 59 properties for sale.
Cherokee, AL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 35616 | $ 172,524 $ 112/sqft |
Housing Market Summary for Cherokee, AL
| 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 Cherokee, AL
Browse Homes in Cherokee, AL
Cherokee home values range from $33,118 to $1,895,000. The median estimated value of a home in Cherokee is $172,524. The median list price of a home is 124,900, and the total count of properties in the city is 92.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cherokee, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cherokee, AL; of that zips, 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 Cherokee, AL ranges from the highest value of $74,658 in 35616 to the lowest value of $74,658 in 35616. Bank owned homes and properties account for 1.09% of properties in Cherokee, AL. There is 1 zips within Cherokee, AL; 35616 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions35616 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Cherokee, AL. Auction homes and other auction properties account for 2.17% of all properties in Cherokee, AL. There is 1 zips within Cherokee, AL; of that zips, the median estimated home value for homes going to auction ranges from $173,832 in 35616 to the lowest value of $102,765 in 35616.
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Guide for Cherokee, AL
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.
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