Median price
for residential apartments
in Cherokee Village, AR
as of May, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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116 Cherokee Village, AR, USA apartments for sale
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Home For Sale In Cherokee Village, Arkansas
77 West Lakeshore Drive, Cherokee Village, AR 72529, USA
3
Bed
2
Bath
1,344
Sq Ft
Home For Sale In Cherokee Village, Arkansas
71 Altakima Circle, Cherokee Village, AR 72529, USA
3
Bed
1
Bath
1,320
Sq Ft
Rural Residential, Ranch
2 Stone Creek Road, Cherokee Village, AR 72542, USA
2
Bed
2
Bath
1,588
Sq Ft
Townhouse, Condo/Townhse/Duplex/Apt
25 Tenkiller Lane, Cherokee Village, AR 72529, USA
2
Bed
2
Bath
1,120
Sq Ft
Townhouse, Condo/Townhse/Duplex/Apt
2 Annett Road, Cherokee Village, AR 72529, USA
2
Bed
3
Bath
1,231
Sq Ft
Rural Residential, Ranch
25 Timberlane Drive, Highland, Sharp County, AR 72542, USA
2
Bed
2
Bath
920
Sq Ft
Mobile/Mod/Mfg w/Property, Fixer-upper
166 Ridgecrest Drive, Highland, Sharp County, AR 72542, USA
2
Bed
2
Bath
924
Sq Ft
Condo For Sale In Cherokee Village, Arkansas
1 Setting Sun Trace, Cherokee Village, AR 72529, USA
2
Bed
3
Bath
1,912
Sq Ft
Rural Residential, Traditional
West Lakeshore Drive, Cherokee Village, AR 72529, USA
2
Bed
3
Bath
2,120
Sq Ft
Home For Sale In Cherokee Village, Arkansas
56 Yuma Trail, Cherokee Village, AR 72529, USA
2
Bed
2
Bath
1,190
Sq Ft
Rural Residential, Ranch
173 West Lakeshore Drive, Cherokee Village, AR 72529, USA
2
Bed
2
Bath
2,310
Sq Ft
Home For Sale In Cherokee Village, Arkansas
9 Suanee Drive, Cherokee Village, AR 72529, USA
4
Bed
3
Bath
2,809
Sq Ft
Townhouse, Condo/Townhse/Duplex/Apt
17 Akokisa Drive, Cherokee Village, AR 72529, USA
2
Bed
2
Bath
1,744
Sq Ft
Home For Sale In Cherokee Village, Arkansas
Pottawattamie Drive, Cherokee Village, AR 72529, USA
2
Bed
1
Bath
1,230
Sq Ft
Condo For Sale In Cherokee Village, Arkansas
77 Annett Road, Cherokee Village, AR 72529, USA
2
Bed
3
Bath
1,971
Sq Ft
Home For Sale In Cherokee Village, Arkansas
10 Mishemokwa Drive, Cherokee Village, AR 72529, USA
2
Bed
2
Bath
2,154
Sq Ft
Townhouse, Condo/Townhse/Duplex/Apt
2 Annett Road, Cherokee Village, AR 72529, USA
2
Bed
3
Bath
1,231
Sq Ft
Rural Residential, Traditional
99 Haida Trail, Cherokee Village, AR 72529, USA
3
Bed
3
Bath
2,085
Sq Ft
Townhouse, Condo/Townhse/Duplex/Apt
36 Spring River Lane, Cherokee Village, AR 72529, USA
2
Bed
2
Bath
1,120
Sq Ft
Cherokee Village
According to statistics, the population in Cherokee Village, AR amounts to 4,804, which shows growth 3% compared to the previous year. The median age of the city’s residents is 46. The average household income is $34,348, shifting growth 2% from the past year, and the average property value in Cherokee Village, AR growth 3% to $79,200 throughout the year.
| Population | 4,804 |
| Median Age | 46 |
| Poverty Rate | 24% |
| Household Income | $34,348 |
| Number Of Employees | 1,388 |
| Median Property Value | $79,200 |
Household Income
The average household income in Cherokee Village, AR grew from $33,710 to $34,348 in the past year. This data is an estimate based upon 2,072 households in Cherokee Village, AR . The chart below presents how household income is distributed in Cherokee Village, AR in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Cherokee Village, AR shifted from $76,600 to $79,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cherokee Village, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cherokee Village, AR properties falls in the '$40,000 to $49,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cherokee Village, AR compared to median property taxes around the country. The prevalent amount of property taxes in Cherokee Village, AR equals $800, which is less than the national average.
Housing Trends
Average apartment sale in Cherokee Village:
$135,058 (+29.5%)
Apartment Size |
May | vs Last Month |
|---|---|---|
| 2-bed apartments | $130,708 | -21.2% |
| 3-bed apartments | $147,100 | -48.4% |
| 4+ bed apartments | $115,000 | N/A |
During May 2023, the average price for an apartment in/near Cherokee Village, AR increased by 29.5% to $135,058.
The average price of the land for sale in Cherokee Village, AR has not changed significantly since last month, being $20,569. Asking price for 2-bed apartment also decreased by 21.2% and a place of this size will now cost you $130,708. A 3-bed apartment goes for $147,100, it decreased by 48.4% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $115,000 for a big-family home.
Listing Type |
May | vs Last Month |
|---|---|---|
| Houses for sale | $137,892 | -39.7% |
| Condos for sale | $124,425 | +3.7% |
| Townhouses for sale | $137,900 | N/A |
While assessing the property pricing Cherokee Village, AR, you can note that it remains flat with a price tag of $78,000. Price reports demonstrate that house price decreased by 39.7% this month making it up to $137,892. Condos are really in demand in this season. The median price for a condo increased by 3.7%, it’s now available for $124,425. Value of the townhouses didn’t change, the price still starts at $137,900.
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