Comprehensive market data and analysis• Updated Dec 2025
3.9 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 5 | 11 | 26 |
| 1-2 acres | 1 | 3 | 5 | 7 |
| 2-5 acres | - | 1 | 1 | 3 |
| 5-10 acres | 1 | 1 | 2 | 5 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | 2 | 4 | 4 | 5 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 14 | 23 | 47 |
Acreage buckets
The median price for land in Cherryville, North Carolina is currently $40K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $211K.
Cherryville, North Carolina is currently a seller's market with 3.9 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 11.7% year-over-year.
Cherryville, North Carolina currently has 3.9 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Cherryville, North Carolina saw 47 properties sold, totaling $3.9M in sales volume. In just the last 3 months, 14 properties changed hands.
The current absorption rate in Cherryville, North Carolina is 25.9% (3-month basis), indicating strong demand. With depreciating values (-11.7% YoY), buyers may find value opportunities. The top-performing broker in this market is Vickie Spurling Realty Inc.
There are currently 18 active listings in Cherryville, North Carolina. 4 new listings have hit the market in the last 90 days. The median asking price is $93K.
Land in Cherryville, North Carolina typically sells within 66 days of listing. The median time on market is 47 days. Properties are moving at a moderate pace in the current seller'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.
