Cherryville, NC Real Estate

According to census data in the year 2000 there were 2,376 housing units in Cherryville. This represents a 14.3% growth from 2,079 in 1990.

Of those housing units, 2,297 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.

Homeownership rate in Cherryville is about 73%. Cherryville's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Cherryville were built after 1965.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom7.50%
Two Bedrooms37.20%
Three Bedrooms47%
Four Bedrooms5.80%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1965
Median Value of occupied units$80,800
Median Price asked for vacant units$59,600

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1966
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage6.80%
Home Equity Loan13.90%
Simple Mortgage33.70%
Debt Free44.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%