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CHEROKEE, AL 35616

Real Estate Market Report  ·  Colbert County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHEROKEE, AL real estate market (35616) currently shows 28 active listings, with 3 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 87 days on market compared to 152 days last year.

The median listing price has risen 19.2% year-over-year, from $269,950 to $321,800.

Whether you are buying or selling in CHEROKEE, AL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,599  ·  Density: 6.4/mi²  ·  Median household income: $46,992

Typical home value: $97,295  ·  Homeownership: 70.9%

Market Overview

Active Listings
28
⇩ 9.7% vs 31 last year
Pending
3
11% pending ratio
Median Price
$321,800
⇧ 19.2% vs $269,950 last year
Average Price
$493,635
⇧ 0.4% vs $491,561 last year
Days on Market
87
⇩ 42.8% vs 152 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 110% vs $80/sqft last year
Median Home Size
2,290 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 31 last year
  • Days on market: 87 now vs 152 last year

Median & Average Pricing

Year over Year
  • Median: $321,800 (+19.2% YoY)
  • Average: $493,635 (+0.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.0 miles — 412 listings ($158,883,207 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
35616Cherokee, AL 356160.0 mi22$11,945,494$457,200$542,977
38873Tishomingo, MS 3887314.2 mi7$1,051,981$179,500$150,283
35674Tuscumbia, AL 3567415.6 mi100$32,150,400$274,945$321,504
35653Russellville, AL 3565316.6 mi30$8,949,000$239,900$298,300
35582Red Bay, AL 3558218.0 mi13$2,294,799$135,000$176,523
38833Burnsville, MS 3883319.3 mi4$768,300$199,900$192,075
35630Florence, AL 3563021.2 mi117$37,189,737$230,700$317,861
38471Lutts, TN 3847124.1 mi1$395,000$395,000$395,000
38859New Site, MS 3885924.9 mi1$389,000$389,000$389,000
38326Counce, TN 3832625.6 mi60$30,298,200$351,450$504,970
38847Golden, MS 3884726.1 mi4$551,100$148,975$137,775
35634Florence, AL 3563426.6 mi52$32,475,196$399,950$624,523
35571Hodges, AL 3557127.0 mi1$425,000$425,000$425,000

Frequently Asked Questions

How many homes are for sale in CHEROKEE, AL 35616?

As of March 2026, there are 28 active listings in CHEROKEE, AL (zip code 35616), compared to 31 the prior year.

What is the median home price in CHEROKEE, AL 35616?

The median listing price in CHEROKEE, AL 35616 is $321,800 as of March 2026, a 19.2% increase from $269,950 the prior year.

How long do homes stay on the market in CHEROKEE, AL?

Homes in CHEROKEE, AL 35616 spend an average of 87 days on the market before going under contract, compared to 152 days the prior year.

Is it a seller's or buyer's market in CHEROKEE, AL 35616?

Based on current inventory and days-on-market data as of March 2026, CHEROKEE, AL 35616 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 87 days on market compared to 152 days last year.

How much can I save on real estate commission in CHEROKEE, AL?

With SELL123.com's maximum 3% commission, sellers in CHEROKEE, AL 35616 save an estimated $6,436 compared to a typical 5% commission on the median listing price of $321,800. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.