Lake Cherokee, TX Housing Market & Real Estate

Seller's market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lake Cherokee, TX is $225,000. Homes sell in an average of 6 days with 2 active listings. The market is currently a seller's market.

$225,000median sale price

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

Seller's market2.0 months of supply6 avg. days on market

Lake Cherokee, TX is currently a seller's market, based on 2.0 months of supply and homes selling in about 6 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

6

Fast-moving

Active listings

2

2.0 months supply

Sale-to-list

Below asking

Lake Cherokee, TX market data

Current housing market statistics for Lake Cherokee, TX
MetricValue
Median sale price$225,000
Average days on market6 days
Active inventory2 listings
Months of supply2.0 months
Market conditionSeller's market

Source: Redfin · Updated weekly

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

Homes for sale in Lake Cherokee

There are currently 2 homes listed for sale in Lake Cherokee, Texas.

Active listings

2

Homes on market

Avg. days on market

6

Days until sale

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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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