Saddle Store · Photo: Valis55 · CC BY-SA 3.0155 homes sold in Cherokee Village in the last year, at a typical $140K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cherokee Village homes are listed.
Every place Cherokee Village homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Cherokee Village.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 89% of Cherokee Village’s sales, at a typical $142K (year to May 2026)
155 homes sold in the year to September 2026.
typical sale · 141 sold in the year to May 2026
- Per square foot
- $114AR $157
- Days to sell
- 89
- Sold over asking
- 14%
- Listings with a price cut
- 19%
Townhouses: 17 sold, typical $118K
Condos: 1 sold, typical $120K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.6 times the 2016 price
155 sales in the last year, against 240 in 2020 and a low of 52 in 2013. The typical sale went from $54K in 2016 to $140K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $150K buys in Cherokee Village
Check a listing against what Cherokee Village homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Cherokee Village are back to pre-pandemic levels, with about as many homes for sale
We read every month of Cherokee Village’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 155 sales.
If you’re buying in Cherokee Village
- Shop in March. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
- Offer under asking. Buyers paid 95.2% of the list price on average; 11% paid over.
- You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 86 days.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 24 a month), but June is the most competitive: 15% of June sales close over asking. October has the least competition (7%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Arkansas as a whole
| Cherokee Village now | 2017–19 | 2021 peak | AR now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 9% | 16% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 17% | 6% | 17% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 95.2% | 93.2% | 96.4% | 96.9% |
| Days to sellMedian days from listing to contract | 86 | 133 | 54 | 62 |
91 homes for sale on a typical day
That’s twice the 2021 low (47), 12% fewer than in 2017–19 and well under 2015’s 148.
Cherokee Village ranks 55th of 74 busy Arkansas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Cherokee Village is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2013 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Cherokee Village home costs about $819 a month
Price: Cherokee Village’s typical sale, last 12 months. Property tax at Cherokee Village’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cherokee Village is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 10.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $140K home, about $1,060 a year.
Taxes vs. neighborsSchools
The schools grade for Cherokee Village, from test results, graduation and how much students grow.
Schools in Cherokee VillageTypical commute
The average one-way trip to work for people who live in Cherokee Village.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Ozark Acres and Thayer sell for less a square foot; Salem for far more
The busier markets within 25 miles of Cherokee Village, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Cherokee Village | 155 | $140K | $110 | 11% | 86 |
| Horseshoe Bend | 57 | $150K | $108 | 10% | 111 |
| Salem | 45 | $244K | $146 | 20% | 51 |
| Thayer | 30 | $106K | $89 | 0% | 75 |
| Melbourne | 29 | $152K | $107 | 6% | 75 |
| Ozark Acres | 23 | $101K | $80 | 26% | 115 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Cherokee Village, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cherokee Village. People who follow the town see it, and so do people comparing Cherokee Village with their own town. No commission, no listing fee.
Questions about buying a home in Cherokee Village
What do homes sell for in Cherokee Village, AR?
155 homes sold in the year to September 2026 at a typical $140K, $110 a square foot.
Is Cherokee Village a buyer’s or seller’s market?
A buyer’s market: 98 homes were for sale in September 2026 and 16 sold, about 6.1 months of supply. Buyers paid 95.2% of asking on average.
When is the best time to buy in Cherokee Village?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Cherokee Village?
About 0.8% of a home’s value a year. On a $140K home that’s near $1,060.
Where can I see homes for sale in Cherokee Village?
Zillow, Redfin, Realtor.com and Homes.com all carry Cherokee Village’s MLS listings; the search links above open each one filtered to Cherokee Village.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).