Cherokee, AL Real Estate

According to census data in the year 2000 there were 559 housing units in Cherokee. This represents a 11.7% decline from 633 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 559 were located in what is classified as a rural area.

Homeownership rate in Cherokee is about 77.4%. Cherokee's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Cherokee were built after 1968.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3%
Two Bedrooms34%
Three Bedrooms53.70%
Four Bedrooms7.70%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1966
Median Value of occupied units$54,300
Median Price asked for vacant units$20,000

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1973
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.90%
Home Equity Loan3.80%
Simple Mortgage43.80%
Debt Free51.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%