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Cherokee Village, AR
Full City Profile · Arkansas · Sharp County County
2.8
/5.0
C+
Fair
5,078
Population
249/sq mi density
$35,244
Median Income
$22,955 per capita
$86,800
Home Value
$148,064 Zillow
$930
Median Rent
19.6% income on rent
58°F
Avg Temperature
299 sunny days/yr
216
Violent Crime/100K
1,683 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$35,244 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$86,800 home value, $930/mo rent
F
Safety
1.0 / 5.0
216 violent crimes/100K
C
Education
2.4 / 5.0
17.9% bachelor's degree or higher
Housing Overview
Median Home Value
$86,800
69% below
US avg: $281,900
Median Rent
$930/mo
20% below
US avg: $1,163/mo
Homeownership Rate
85.0%
30% above US avg (65.4%)
Total Housing Units
3,000
Median year built: 1977
Home Value by Source
Census Median
$86,800
Zillow (ZHVI)
$148,064
Median Sale Price
$119,200
Median List Price
$139,700
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.0%
Owner-Occupied
15.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent:
$930/mo
Market Indicators (Redfin)
Median Days on Market
85 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
11
Price Drops
14.5%
of listings with price reduction
Price Per Sq Ft
$104
Active Inventory
76
homes for sale
Affordability & Housing Stock
Rent Burden
19.6%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
85.0%
Complete Housing Data
Home Values
| Census Median Value | $86,800 |
| Zillow Home Value (ZHVI) | $148,064 |
| Median Sale Price | $119,200 |
| Median List Price | $139,700 |
| Price Per Sq Ft | $104 |
Rent
| Census Median Rent | $930 |
| FMR Studio | $700 |
| FMR 1-Bedroom | $751 |
| FMR 2-Bedroom | $944 |
| FMR 3-Bedroom | $1,239 |
| FMR 4-Bedroom | $1,406 |
Market
| Days on Market | 85 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 14.5% |
| Homes Sold | 11 |
| Active Inventory | 76 |
| Price Per Sq Ft | $104 |
Ownership & Stock
| Owner-Occupied | 85.0% |
| Renter-Occupied | 15.0% |
| Homeownership Rate | 85.0% |
| Total Housing Units | 3,000 |
| Median Year Built | 1977 |
| Rent Burden | 19.6% |