Cherokee County, Georgia Housing Market Prices
Cherokee County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 55% above the Georgia median More expensive than 94% of counties in Georgia$399,295
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Median rent 29% above the Georgia median Among the 5 most expensive counties in Georgia$1,798
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cherokee County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $399,295 | $256,986 | $248,835 |
| Price Trend (Annual %) | 7.5% | 8.9% | 7.5% |
| Median Gross Rent | $1,798 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 6.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cherokee County is about 55% higher than in Georgia. Rent is about 29% higher than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cherokee County, up about 7.5% and 6.8% a year respectively. Home prices are changing faster.
Median rent in Cherokee County rose about 77.9% between 2015 and 2024, from $1,011 to $1,798. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Cherokee County.
Buying the median-priced home in Cherokee County costs roughly 18.5 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cherokee County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Cherokee County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $399,295 | $256,986 | $248,835 |
| Median Household Income | $108,494 | $77,523 | $80,455 |
| Price-to-Income Ratio | 3.7 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cherokee County rose about 77.5%, while median household income rose about 53.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cherokee County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.8% | 58.9% | 58.5% |
| Rental Rate | 21.7% | 30.8% | 31.2% |
| Vacancy Rate | 4.6% | 10.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Cherokee County has a homeownership rate of 73.8%, higher than the Georgia average of 58.9%. Its housing vacancy rate is 4.6%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Cherokee County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.75 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1999 | 1990 | 1978 |
| Median Number of Rooms | 6.7 | 5.9 | 5.5 |
The typical housing unit in Cherokee County was built around 1999. On average, 2.8 people live in a home with about 6.7 rooms, staying for about 14.0 years on average.
Cherokee County, GA Housing Compared With Nearby Counties
Cherokee County, GA is the 2nd largest of the 6 counties compared here, 281,282 residents against a local median of 113,109. Cherokee County, GA sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median home price, 15% above the local median at $399,295 against $347,799. Cherokee County, GA has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cherokee County, GA | 281,282 | $399,295 #2/6 | $1,798 #2/6 | 77.3% #4/6 |
| Pickens County, GA | 34,951 | $330,000 | $1,135 | 81.2% |
| Cobb County, GA | 775,296 | $347,799 | $1,729 | 67.0% |
| Forsyth County, GA | 267,252 | $462,928 | $2,090 | 84.4% |
| Bartow County, GA | 113,109 | $104,951 | $1,268 | 72.8% |
| Dawson County, GA | 30,242 | $372,222 | $1,625 | 78.7% |
Frequently Asked Questions
Common questions about the housing market in Cherokee County, Georgia.
What is the median home price in Cherokee County, Georgia?
The median home price in Cherokee County, Georgia is $399,295, higher than the Georgia average of $256,986.
What is the average home price in Cherokee County, Georgia?
The typical home price in Cherokee County, Georgia, reported as the median sale price, is $399,295. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cherokee County, Georgia?
The median gross rent in Cherokee County, Georgia is $1,798 per month, higher than the Georgia average of $1,392.
What was the median gross rent in Cherokee County in 2020?
In 2020, the median gross rent in Cherokee County, Georgia was $1,304 per month.
What is the price-to-rent ratio in Cherokee County, Georgia?
The price-to-rent ratio in Cherokee County, Georgia is about 18.5, meaning it would take roughly 18.5 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cherokee County.
Are home prices or rent rising faster in Cherokee County, Georgia?
Both home prices and rent are rising in Cherokee County, up about 7.5% and 6.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cherokee County, Georgia?
73.8% of households in Cherokee County, Georgia own their home, higher than the Georgia average of 58.9%.
What is the vacancy rate in Cherokee County, Georgia?
The housing vacancy rate in Cherokee County, Georgia is 4.6%, lower than the Georgia average of 10.3%.
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