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Cherryville, NC
Full City Profile · North Carolina · Cleveland County County
3.1
/5.0
B
Good
6,154
Population
1,061/sq mi density
$58,701
Median Income
$30,103 per capita
$198,000
Home Value
$244,705 Zillow
$948
Median Rent
24.1% income on rent
60°F
Avg Temperature
310 sunny days/yr
264
Violent Crime/100K
2,524 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$58,701 median income, 2.1% unemployment
A+
Affordability
4.8 / 5.0
$198,000 home value, $948/mo rent
F
Safety
1.0 / 5.0
264 violent crimes/100K
C+
Education
3.0 / 5.0
24.7% bachelor's degree or higher
Housing Overview
Median Home Value
$198,000
30% below
US avg: $281,900
Median Rent
$948/mo
18% below
US avg: $1,163/mo
Homeownership Rate
67.7%
4% above US avg (65.4%)
Total Housing Units
2,708
Median year built: 1969
Home Value by Source
Census Median
$198,000
Zillow (ZHVI)
$244,705
Median Sale Price
$247,450
Median List Price
$244,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.7%
Owner-Occupied
32.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$948/mo
Market Indicators (Redfin)
Median Days on Market
123 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
10
Price Drops
40.5%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
37
homes for sale
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
67.7%
Complete Housing Data
Home Values
| Census Median Value | $198,000 |
| Zillow Home Value (ZHVI) | $244,705 |
| Median Sale Price | $247,450 |
| Median List Price | $244,000 |
| Price Per Sq Ft | $167 |
Rent
| Census Median Rent | $948 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 123 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 40.5% |
| Homes Sold | 10 |
| Active Inventory | 37 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 67.7% |
| Renter-Occupied | 32.3% |
| Homeownership Rate | 67.7% |
| Total Housing Units | 2,708 |
| Median Year Built | 1969 |
| Rent Burden | 24.1% |