Landydandy logo

Cherokee County, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
455
Sold (12M)
417
Median Price
$37K
Market Condition
Strong Buyer's Market

Cherokee County, North Carolina Market Meter

Buyer'sSeller's
Strong Buyer's Market

16.9 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$37K
Avg Price/Acre
$13K
Avg Days on Market
161
Months of Supply
16.9
YoY Price Change
+2.6%
New Listings (3M)
120

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres3184371
1-2 acres52565128
2-5 acres31545111
5-10 acres161233
10-20 acres14725
20-50 acres-82031
50-100 acres13312
100+ acres-246
TOTAL1481199417
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres71 sold / 94 listed
1-2 acres128 sold / 186 listed
2-5 acres111 sold / 82 listed
5-10 acres33 sold / 37 listed
10-20 acres25 sold / 17 listed
20-50 acres31 sold / 20 listed
50-100 acres12 sold / 13 listed
100+ acres6 sold / 5 listed

Median Price by Acreage

$0$300K$600K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$35.6M
Last 12 months
Active Listings
455
Current inventory
Avg Days on Market
161
Time to sell
Price Trend (YoY)
+2.6%
Year over year

Cherokee County, North Carolina Land Market Analysis

How much is land worth in Cherokee County, North Carolina?

The median price for land in Cherokee County, North Carolina is currently $13K per acre. For a typical parcel, the median sale price is $37K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $227K.

Is now a good time to buy land in Cherokee County, North Carolina?

Cherokee County, North Carolina is currently a strong buyer's market with 16.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 2.6% year-over-year.

What is the months of supply for land in Cherokee County, North Carolina?

Cherokee County, North Carolina currently has 16.9 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the total land for sale in Cherokee County, North Carolina?

There are currently 455 active listings in Cherokee County, North Carolina. 120 new listings have hit the market in the last 90 days. The median asking price is $49K.

Is now a good time to invest in land in Cherokee County, North Carolina?

The current absorption rate in Cherokee County, North Carolina is 5.9% (3-month basis), indicating slow demand. With appreciating values (+2.6% YoY), the market shows growth potential. The top-performing broker in this market is REMAX Mountain Properties.

What is the absorption rate for land in Cherokee County, North Carolina?

The 3-month absorption rate in Cherokee County, North Carolina is 5.9%. The 12-month rate is 7.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Cherokee County, North Carolina last year?

Over the past 12 months, Cherokee County, North Carolina saw 417 properties sold, totaling $35.6M in sales volume. In just the last 3 months, 81 properties changed hands.

Data Sources & Accuracy

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.

Explore More Land Market Statistics

All States

North Carolina Counties

Cities in Cherokee County