#25002093, Denise Cunningham, Listing Office: Century 21 Combs & Associates
Cherokee Village Housing Market Report December 2024•Fulton County, Arkansas
Housing Prices in Cherokee Village, AR
How much do homes in Cherokee Village, AR cost?
Housing Market Conditions
Is Cherokee Village, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cherokee Village is a Neutral Market
Difference Since November 2024
Last month, Cherokee Village was a Buyer's Market.
Cherokee Village is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in December 2024
Homes in Cherokee Village have sold for 11.5% more than they did a month ago.
Summary: The median home sold price in Cherokee Village was $119,000 in December 2024, up 11.5% from last month, and the median price per square foot was $93.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Cherokee Township | $99.5K | $117K | +17.6% |
Cherokee Village | $106.7K | $119K | +11.5% |
Cherokee Village | $106.7K | $119K | +11.5% |
Highland | $315K | $327.4K | +4.0% |
Highland Township | $315K | $327.4K | +4.0% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $99.5K | $117K | +17.6% |
33 Bedrooms | $154.7K | $124.5K | -19.5% |
44 Bedrooms | - | $160K | N/A |
55+ Bedrooms | $599.9K | - | N/A |
Summary: Cherokee Village housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +17.6%. The home price for 3 bedroom homes decreased by -19.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Cherokee Village, AR
How many homes are available in Cherokee Village, AR?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
81Last MonthDec 2024 | ||
812 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Cherokee Village real estate market had 81 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
12Last MonthDec 2024 | ||
102 months agoNov 2024 | +20.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 1 | +100.0% |
22 Bedrooms | 42 | 43 | +2.4% |
33 Bedrooms | 24 | 24 | 0.0% |
44 Bedrooms | 9 | 8 | -11.1% |
55+ Bedrooms | 6 | 5 | -16.7% |
Summary: Cherokee Village housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +2.4%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes decreased by -16.7%.
Asking Price vs. Sold Price
How much do homes in Cherokee Village, AR cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price9 Homes
If you're buying a home in Cherokee Village, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Cherokee Village in December 2024, up by 20.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and and 0% were sold over asking.
Days on Market for Cherokee Village, AR
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Cherokee Village, AR
What homes are available in Cherokee Village, AR?
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Last updated on: 1/17/2025, 10:13:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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