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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Cherokee County is None. The median rent price in Cherokee County is $550, which is the same as the Tahlequah Metro median of $550.

Foreclosures will be a factor impacting home values in the next several years. In Cherokee County 0.6 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

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 3.2%, which is lower than the national value of 6.3%. 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 12.9%.

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Relative ZHVI
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Cherokee County Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $83,250 Median sale price
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Cherokee County Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 12.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Cherokee County

Name Median ZHVI
Cookson $97,700
Tahlequah $86,500
 

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $72 Median sale price / sq ft
  • No data Listings with price cut
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Cherokee County Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $959 Cherokee County
    $959 Tahlequah Metro
    $1,364 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $550 Rent list price
  • $0.72 Rent list price / sq ft
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