What's New at Moore Appraisals

Cherokee County Alabama Market Conditions May 2025
May 22nd, 2025 12:50 PM
As of May 2025, the real estate market in Cherokee County, Alabama, exhibits a mix of growth and stabilization, with particular interest in waterfront properties.

Overall Market Conditions
Home Values: The average home value in Cherokee County stands at $226,429, reflecting a 5.1% increase over the past year. 

Median Sale Price: In April 2025, the median home sold price was approximately $269,450, marking a 3.6% rise from the previous year. 

Market Activity: Homes are taking longer to sell, with an average of 79 days on the market, up from 67 days the previous year. 

Waterfront Properties
Waterfront properties in Cherokee County, particularly around Weiss Lake, are in high demand. Inventory: There are currently 213 waterfront homes for sale, with a median listing price of $385,000. 

Market Dynamics: These properties are experiencing longer market times, averaging 90 days, indicating a more balanced market.

Local Market Highlights
Centre: The average home value is $219,979. 

Leesburg: Homes average $256,530 in value, reflecting the area's appeal. 

Summary
Cherokee County's real estate market is showing steady growth, with waterfront properties maintaining strong interest despite longer selling times. The area's natural beauty and recreational opportunities continue to attract buyers, particularly in communities like Centre and Leesburg.

Data taken from various websites and is assumed to be correct; however, it is not guaranteed. The reader should do their own research and reach their own conclusions. This appraisal office, Moore Appraisals, is not responsible for the accuracy of the data reported in this blog.
Posted in:General
Posted by David Moore (VA#5000929) on May 22nd, 2025 12:50 PMPost a Comment

Subscribe to this blog

Recent Posts:

Archives:

Categories:

General (53)
RE Appraisal Services (1)

My Favorite Blogs:

Sites That Link to This Blog: