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Cherokee, AL

Full City Profile · Alabama · Colbert County County

3.0 /5.0
B Good
1,059 Population 477/sq mi density
$54,107 Median Income $24,856 per capita
$107,200 Home Value $132,609 Zillow
$914 Median Rent 31.5% income on rent
61°F Avg Temperature 301 sunny days/yr
683 Violent Crime/100K 2,537 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$54,107 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$107,200 home value, $914/mo rent
F
Safety
1.0 / 5.0
683 violent crimes/100K (80% above avg)
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Housing Overview

Median Home Value
$107,200
62% below
US avg: $281,900
Median Rent
$914/mo
21% below
US avg: $1,163/mo
Homeownership Rate
73.8%
13% above US avg (65.4%)
Total Housing Units
411
Median year built: 1966

Home Value by Source

Census Median
$107,200
Zillow (ZHVI)
$132,609
Median Sale Price
$180,000
Median List Price
$68,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.8%
Owner-Occupied
26.2%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$627/mo
1 Bedroom
$682/mo
2 Bedroom
$844/mo
3 Bedroom
$1,012/mo
4 Bedroom
$1,259/mo
Census median rent: $914/mo

Market Indicators (Redfin)

Median Days on Market
225 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$68
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
73.8%

Complete Housing Data

Home Values

Census Median Value$107,200
Zillow Home Value (ZHVI)$132,609
Median Sale Price$180,000
Median List Price$68,000
Price Per Sq Ft$68

Rent

Census Median Rent$914
FMR Studio$627
FMR 1-Bedroom$682
FMR 2-Bedroom$844
FMR 3-Bedroom$1,012
FMR 4-Bedroom$1,259

Market

Days on Market225
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$68

Ownership & Stock

Owner-Occupied73.8%
Renter-Occupied26.2%
Homeownership Rate73.8%
Total Housing Units411
Median Year Built1966
Rent Burden31.5%