Similar to nearby areas, it's a lot less expensive compared to the rest of the nation. Compared to the city of Jonesboro, it is significantly less expensive.
Home prices
The median home in Cherokee Village is valued at $74,100. This is about $2,120 (2%) lower compared to its surrounding areas.Compared to the country as a whole it is approximately $143,400 (65%) lower, and is about $78,800 (51%) lower compared to the city of Jonesboro.
Rents
The median monthly rent in Cherokee Village is $705. In comparison to its surrounding areas this is roughly $180 (34%) higher.In comparison to the rest of the nation it is approximately $357 (33%) lower, and it is about $59 (7%) lower compared to the city of Jonesboro.
Nearby places
Highland
Highland is Cherokee Village's neighbor to the southeast. Its housing prices are somewhat more expensive. The value of the median home in Highland is $94,300, which comes out to $20,200 (21%) higher than Cherokee Village. Rent there is somewhat less expensive. The median monthly rent in Highland is $613, which comes out to $92 (15%) lower than Cherokee Village.
Ash Flat
Ash Flat is Cherokee Village's neighbor to the southwest. Its housing prices are pretty similar. Ash Flat's median home value is $76,800, which is $2,700 (3%) higher than Cherokee Village. The rent there is significantly less expensive. The median rent in Ash Flat is $412 a month, which is $293 (71%) lower than Cherokee Village.
Hardy
Hardy is Cherokee Village's neighbor to the east. Its housing prices are a little more expensive. The median home in Hardy costs $83,300, which works out to $9,200 (11%) higher than Cherokee Village. Its rents are significantly less expensive. Hardy's median rent is $469 a month, which works out to $236 (50%) lower than Cherokee Village.
Horseshoe Bend
Horseshoe Bend is about 9 miles southwest of Cherokee Village. The housing prices there are pretty similar. Horseshoe Bend's median home cost is $74,200, which is very similar to Cherokee Village. The rent there is a little less expensive. In Horseshoe Bend the median monthly rent is $620, which is $85 (13%) lower than Cherokee Village.
Williford
Williford is about 10 miles east from Cherokee Village. Real estate prices there are a lot less expensive. The median home price in Williford is $52,500, which is $21,600 (41%) lower than Cherokee Village. Its rents are substantially less expensive. Williford's median monthly rent is $510, which comes out to $195 (38%) lower than Cherokee Village.
