Home prices
The median home in Cherokee is valued at $69,400. It is about $13,460 (16%) lower in comparison to other places in this area.It is roughly $148,100 (68%) lower in comparison to the country as a whole, and in comparison to the city of Huntsville is about $113,500 (62%) lower.
Rents
The median rent in Cherokee is $675 per month. This is about $58 (9%) higher compared to other places in this area.Compared to the rest of the nation it is approximately $387 (36%) lower, and is roughly $152 (18%) lower in comparison to the city of Huntsville.
Nearby places
Iuka
Iuka is approximately 12 miles west from Cherokee. Housing prices there are a little more expensive. Iuka's median home cost is $94,400, which comes out to $25,000 (26%) higher than Cherokee. Rent there is a little less expensive. The median rent in Iuka is $553 a month, which comes out to $122 (22%) lower than Cherokee.
Waterloo
Waterloo is about 12 miles northwest of Cherokee. Its housing prices are somewhat less expensive. The median home in Waterloo costs $57,500, which is $11,900 (20%) lower than Cherokee. Rent there is pretty similar. The median rent in Waterloo is $650 per month, which works out to $25 (3%) lower than Cherokee.
Tuscumbia
Tuscumbia is approximately 13 miles east of Cherokee. Its housing prices are a lot more expensive. The median home price in Tuscumbia is $110,100, which comes out to $40,700 (36%) higher than Cherokee. The rent there is similar. The median monthly rent in Tuscumbia is $694, which is $19 (2%) higher than Cherokee.
Sheffield
Sheffield is about 13 miles east of Cherokee. The real estate prices there are a bit more expensive. Sheffield's median home value is $90,000, which is $20,600 (22%) higher than Cherokee. Rents there are fairly similar. In Sheffield the median monthly rent is $645, which works out to $30 (4%) lower than Cherokee.
Tishomingo
Tishomingo is approximately 15 miles southwest of Cherokee. The real estate prices there are a bit less expensive. Tishomingo's median home cost is $62,300, which is $7,100 (11%) lower than Cherokee. Rents there are a little less expensive. The median monthly rent in Tishomingo is $542, which works out to $133 (24%) lower than Cherokee.
