Home Values

Cherokee County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$183,600

  • 6.6% 1-year change
  • 1.6% 1-year forecast

The median home value in Cherokee County is $183,600. Cherokee County home values have gone up 6.6% over the past year and Zillow predicts they will rise 1.6% within the next year. The median list price per square foot in Cherokee County is $108, which is higher than the Atlanta Metro average of $93. The median price of homes currently listed in Cherokee County is $238,500 while the median price of homes that sold is $194,350. The median rent price in Cherokee County is $1,295, which is higher than the Atlanta Metro median of $1,100.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Cherokee County is 3.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Cherokee County homeowners underwater on their mortgage is 16.3%, which is lower than Atlanta Metro at 27.1%.

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Relative ZHVI
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Cherokee County Market Overview

Data through Dec 31, 2014
  • $183,600 ZHVI
  • 1.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $238,500 Median listing price
  • $194,350 Median sale price
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Cherokee County Market Health

Data through Dec 31, 2014
  • 2.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 91 Average days on Zillow (Nov 30, 2014)
  • 16.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Cities in Cherokee County

Name Median ZHVI
Canton $196,900
Woodstock $182,300
Waleska $165,900
Name Median ZHVI
Holly Springs $164,100
Ball Ground $161,100
 

Listings & Sales

Data through Dec 31, 2014
  • $108 Median list price / sq ft
  • $98 Median sale price / sq ft
  • 11.5% Listings with price cut
35.1%
Sold below listing
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Cherokee County Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,323 Cherokee County
    $1,228 Atlanta Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,295 Rent list price
  • $0.74 Rent list price / sq ft
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