Lake Cherokee, TX

Seller's market

Housing market overview · Updated weekly

$225,000median sale price

Homes sold

1

Last 12 weeks

Days on market

6

Fast-moving

Active listings

2

2.0 months supply

Sale-to-list

Below asking

The Lake Cherokee housing market is currently classified as a seller's market with a median sale price of $225,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 6 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Lake Cherokee?

The median home sale price in Lake Cherokee is $225,000, down 0.0% from last year.

How long do homes stay on market in Lake Cherokee?

Homes typically spend 6 days on market before going under contract.

Is Lake Cherokee a buyer's or seller's market?

With 2.0 months of supply, Lake Cherokee is currently a seller's market.

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