Cherokee County, Texas 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 37% below the Texas median$164,216
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Median rent 33% below the Texas median$933
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cherokee County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,216 | $258,873 | $248,835 |
| Price Trend (Annual %) | 24.3% | 9.2% | 7.5% |
| Median Gross Rent | $933 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cherokee County is about 37% lower than in Texas. Rent is about 33% lower than the Texas 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 24.3% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Cherokee County rose about 41.2% between 2015 and 2024, from $661 to $933. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Cherokee County.
Buying the median-priced home in Cherokee County costs roughly 14.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cherokee County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Cherokee County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,216 | $258,873 | $248,835 |
| Median Household Income | $61,269 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.7 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cherokee County rose about 144.9%, while median household income rose about 56.3% 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 | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.9% | 56.7% | 58.5% |
| Rental Rate | 22.5% | 33.9% | 31.2% |
| Vacancy Rate | 13.6% | 9.4% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Cherokee County has a homeownership rate of 63.9%, higher than the Texas average of 56.7%. Its housing vacancy rate is 13.6%, compared with 9.4% in Texas.
Housing Stock
| Metric | Cherokee County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.68 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1988 | 1990 | 1978 |
| Median Number of Rooms | 5.4 | 5.4 | 5.5 |
The typical housing unit in Cherokee County was built around 1988. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 15.0 years on average.
Cherokee County, TX Housing Compared With Nearby Counties
Cherokee County, TX is typical in size for this group, 51,885 residents against a local median of 58,439, so the measures below are close to a like for like comparison. Cherokee County, TX's median home price, at $164,216, runs 80% above the $91,167 typical of the counties around it.
The counties themselves spread $203,407 on median home price, so Cherokee County, TX sits at one end of an already wide local range rather than apart from it. Cherokee County, TX has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cherokee County, TX | 51,885 | $164,216 #3/6 | $933 #5/6 | 74.0% #2/6 |
| Rusk County, TX | 52,842 | $59,204 | $1,015 | 78.8% |
| Anderson County, TX | 58,439 | $91,167 | $1,040 | 72.3% |
| Smith County, TX | 241,737 | $185,885 | $1,238 | 68.8% |
| Houston County, TX | 22,051 | $50,869 | $886 | 70.6% |
| Nacogdoches County, TX | 65,162 | $254,276 | $964 | 59.3% |
Frequently Asked Questions
Common questions about the housing market in Cherokee County, Texas.
What is the median home price in Cherokee County, Texas?
The median home price in Cherokee County, Texas is $164,216, lower than the Texas average of $258,873.
What is the average home price in Cherokee County, Texas?
The typical home price in Cherokee County, Texas, reported as the median sale price, is $164,216. 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, Texas?
The median gross rent in Cherokee County, Texas is $933 per month, lower than the Texas average of $1,402.
What was the median gross rent in Cherokee County in 2020?
In 2020, the median gross rent in Cherokee County, Texas was $788 per month.
What is the price-to-rent ratio in Cherokee County, Texas?
The price-to-rent ratio in Cherokee County, Texas is about 14.7, meaning it would take roughly 14.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cherokee County.
Are home prices or rent rising faster in Cherokee County, Texas?
Both home prices and rent are rising in Cherokee County, up about 24.3% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cherokee County, Texas?
63.9% of households in Cherokee County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Cherokee County, Texas?
The housing vacancy rate in Cherokee County, Texas is 13.6%, higher than the Texas average of 9.4%.
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