5 bedroom homes for sale in Cherokee, TN

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Cherokee, TN Real Estate Market Overview

Between March 2025 and April 2025, Cherokee, TN real estate market has seen increase in the number of listings by 14.3%. In April 2025 median list price was $200,000 and the average listing age was 0 days. Cherokee, TN housing market in April 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Cherokee, TN

Cherokee is located in Memphis, Tennessee. There are roughly 3,328 residents, living in 1,468 households. The average temperature for Cherokee this time of the year is low of 59F and high of 81F. On average, Cherokee gets about 5.34 inches of precipitation in May. Most residents are home owners (58%), have a high school diploma (48%) and are single, no kids (57%).

Data provided by Home Junction

Housing market reports in Shelby County

Homes for sale near Cherokee, TN

Top real estate cities in Tennessee

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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