Discovering Zillow Cherokee Village AR: A Comprehensive Guide
Are you considering a move to Cherokee Village, AR? Or maybe you’re just curious about the real estate market in this area? Look no further! This detailed guide will provide you with all the information you need to know about Zillow Cherokee Village AR, covering everything from property values to local amenities.
Understanding Property Values in Cherokee Village, AR
Property values in Cherokee Village, AR, can vary widely depending on the specific neighborhood and the condition of the home. According to Zillow, the median home value in Cherokee Village is $123,900, which is lower than the national median of $247,700. However, this figure can change over time, so it’s essential to stay informed about the latest trends.
When looking at property values, it’s also important to consider the age of the homes. Older homes may have lower values due to wear and tear, while newer homes may be priced higher due to their modern amenities. According to Zillow, the average age of homes in Cherokee Village is 19 years, with a range of 1940 to 2020.
| Year Built | Percentage of Homes |
|---|---|
| 1940-1959 | 15% |
| 1960-1979 | 25% |
| 1980-1999 | 30% |
| 2000-2019 | 20% |
| 2020 and newer | 10% |
Market Trends and Forecasts
When considering a purchase in Cherokee Village, AR, it’s crucial to understand the current market trends and forecasts. According to Zillow, the real estate market in Cherokee Village has seen a slight increase in home values over the past year, with a 1.2% rise in median home value. This trend is expected to continue, with a projected increase of 2.2% over the next year.
It’s also worth noting that the demand for homes in Cherokee Village has been strong, with a low inventory of homes for sale. This can drive up prices and make it more challenging to find a home that meets your needs. However, with the right real estate agent, you can navigate the market and find a great deal.
Local Amenities and Lifestyle
Cherokee Village, AR, offers a variety of amenities and a peaceful lifestyle that makes it an attractive place to live. Here are some of the highlights:
- Recreation and Outdoor Activities: Cherokee Village is surrounded by beautiful lakes and parks, making it an ideal spot for fishing, boating, and hiking. The area also has several golf courses and tennis courts for those who enjoy outdoor sports.
- Shopping and Dining: Cherokee Village has a variety of shopping options, including grocery stores, boutiques, and restaurants. The local dining scene offers a range of options, from casual eateries to fine dining establishments.
- Schools: Cherokee Village is served by the Cherokee School District, which includes several highly rated schools. This makes it an excellent choice for families with children.
- Healthcare: The area has access to several healthcare facilities, including hospitals and clinics, ensuring that residents have access to quality medical care.
Conclusion
Whether you’re looking for a retirement community or a place to raise a family, Cherokee Village, AR, has a lot to offer. With its affordable property values, strong local amenities, and peaceful lifestyle, it’s no wonder that so many people are choosing to call this area home. By staying informed about the real estate market and understanding the local community, you can make an informed decision about your next home purchase.
