Home prices
The median home in Cherokee costs $128,900. This is approximately $70,360 (35%) lower compared to the surrounding areas.It is approximately $88,600 (40%) lower compared to the entire country, and it is approximately $7,400 (5%) lower in comparison to the city of Knoxville.
Rents
The median rent in Cherokee is $514 per month. It is about $252 (32%) lower in comparison to its surrounding areas.It is approximately $548 (51%) lower in comparison to the entire nation, and in comparison to the city of Knoxville it is approximately $331 (39%) lower.
Nearby places
Bryson City
Bryson City is roughly 8 miles southwest from Cherokee. The housing prices there are a little more expensive. The median home in Bryson City is valued at $167,500, which works out to $38,600 (23%) higher than Cherokee. Its rents are somewhat more expensive. Bryson City's median monthly rent is $702, which comes out to $188 (26%) higher than Cherokee.
Dillsboro
Dillsboro is approximately 8 miles south from Cherokee. The housing prices there are a little more expensive. Dillsboro's median home cost is $182,400, which works out to $53,500 (29%) higher than Cherokee. Rents there are a little more expensive. In Dillsboro the median rent is $730 per month, which works out to $216 (29%) higher than Cherokee.
Sylva
Sylva is about 8 miles southeast from Cherokee. The housing prices there are somewhat more expensive. The median home in Sylva is valued at $144,400, which comes out to $15,500 (10%) higher than Cherokee. Rent there is a little more expensive. Sylva's median monthly rent is $697, which comes out to $183 (26%) higher than Cherokee.
Webster
Webster is about 10 miles south from Cherokee. The housing prices there are a lot more expensive. The median home in Webster costs $300,000, which comes out to $171,100 (57%) higher than Cherokee. Rent there is a little more expensive. The median monthly rent in Webster is $675, which works out to $161 (23%) higher than Cherokee.
Maggie Valley
Maggie Valley is approximately 11 miles east from Cherokee. Housing prices there are substantially more expensive. The median home in Maggie Valley costs $202,000, which works out to $73,100 (36%) higher than Cherokee. Rent there is significantly more expensive. In Maggie Valley the median rent is $1,024 a month, which is $510 (49%) higher than Cherokee.
