Comprehensive market data and analysis• Updated Dec 2025
61.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 19 | 59 | 89 |
| 1-2 acres | - | - | 2 | 4 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 20 | 62 | 96 |
Acreage buckets
The median price for land in Cherokee Village, Arkansas is currently $3K per acre. For a typical parcel, the median sale price is $895. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $870 while premium lots reached $8K.
Cherokee Village, Arkansas is currently a strong buyer's market with 61.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 8.8% year-over-year.
Cherokee Village, Arkansas currently has 61.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 408 active listings in Cherokee Village, Arkansas. 205 new listings have hit the market in the last 90 days. The median asking price is $725.
The 3-month absorption rate in Cherokee Village, Arkansas is 1.6%. The 12-month rate is 2.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Cherokee Village, Arkansas saw 97 properties sold, totaling $385K in sales volume. In just the last 3 months, 20 properties changed hands.
Land in Cherokee Village, Arkansas typically sells within 313 days of listing. The median time on market is 254 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
