Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$233,774−1.0% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$50,677About 0.9× the local median income ($59,341): affordable for a typical household
Days on market85 daysAbout the same pace as a year ago
The typical home in Cherokee County, TX is worth $233,774, down 1.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $230,478, so the area is 1.4% overvalued. It is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are down 4% from a year ago, 17% of listings have had a price cut. A household needs about $50,677 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,341. In the latest IRS figures, 256 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$233,774
Change in 1 year
−1.0%
Overvalued %
+1.4%
Show 6 more
Fair home value
$230,478
Change in 5 years
+13.4%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$1,267
Income needed to afford it
$50,677
Property tax rate
1.16%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,062
Market activity
Listings vs a year ago
−4.0%
Days on market
85
Listings with a price cut
16.7%
Show 3 more
Homes for sale
262
Pending sales per 100 listings
7
Asking price per sq ft
$168
People and jobs
Median household income
$59,341
Population change (1 year)
+0.3%
Unemployment rate
5.2%
Show 4 more
Population
53,337
Income adjusted for cost of living
$67,587
Net moves in (IRS)
+256
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
61.6
Flood risk score
59.2
Show 3 more
Wildfire risk score
77.8
Walkability (1 to 20)
4.9
Road, rail and air noise
53 dB
Questions people ask
Is Cherokee County, TX overvalued?
Home prices in Cherokee County, TX are slightly above what local incomes have historically supported: fair value is about $230,478, so the area is 1.4% overvalued.
Is Cherokee County, TX a buyer's or seller's market?
Cherokee County, TX is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are down 4% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Cherokee County, TX?
Home values in Cherokee County, TX are down 1.0% over the last year.
How much do you need to earn to buy a home in Cherokee County, TX?
A household needs about $50,677 a year to afford the typical home in Cherokee County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,341.