Home prices
The median home in Lake Cherokee is valued at $272,000. This is about $145,800 (115%) higher compared to its nearby areas.It is about $54,500 (25%) higher in comparison to the rest of the nation, and in comparison to the city of Shreveport is approximately $123,900 (83%) higher.
Rents
In Lake Cherokee the median rent is $806 per month. In comparison to other places in this area this is is very similar.It is roughly $256 (24%) lower compared to the entire country, and in comparison to the city of Shreveport it is is very similar.
Nearby places
Easton
Easton is about 3 miles northeast from Lake Cherokee. Real estate prices there are significantly less expensive. The price of the median home in Easton is $82,000, which is $190,000 (231%) lower than Lake Cherokee. The rent there is a bit less expensive. The median monthly rent in Easton is $619, which works out to $187 (30%) lower than Lake Cherokee.
Lakeport
Lakeport is about 4 miles northwest from Lake Cherokee. The housing prices there are significantly less expensive. The cost of the median home in Lakeport is $92,400, which works out to $179,600 (194%) lower than Lake Cherokee. Rent there is somewhat more expensive. The median monthly rent in Lakeport is $1,053, which is $247 (23%) higher than Lake Cherokee.
Tatum
Tatum is about 7 miles southeast from Lake Cherokee. Its real estate prices are substantially less expensive. The cost of the median home in Tatum is $154,200, which comes out to $117,800 (76%) lower than Lake Cherokee. Rent there is a lot less expensive. In Tatum the median monthly rent is $596, which is $210 (35%) lower than Lake Cherokee.
Kilgore
Kilgore is roughly 11 miles west from Lake Cherokee. Its housing prices are substantially less expensive. The median home cost in Kilgore is $122,200, which works out to $149,800 (122%) lower than Lake Cherokee. Its rents are fairly similar. In Kilgore the median monthly rent is $833, which works out to $27 (3%) higher than Lake Cherokee.
Hallsville
Hallsville is approximately 11 miles north of Lake Cherokee. Its housing prices are significantly less expensive. The value of the median home in Hallsville is $180,200, which is $91,800 (50%) lower than Lake Cherokee. The rent there is a little more expensive. Hallsville's median rent is $957 per month, which is $151 (15%) higher than Lake Cherokee.
