Call or Text (240) SELL-123

CHEROKEE, IA 51012

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The CHEROKEE, IA real estate market (51012) currently shows 45 active listings, with 11 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 71 days on market compared to 73 days last year.

The median listing price has risen 7% year-over-year, from $172,975 to $185,000.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CHEROKEE, IA 51012 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 6,518  ·  Density: 17.0/mi²  ·  Median household income: $55,792

Typical home value: $145,219  ·  Homeownership: 68.5%

Market Overview

Active Listings
45
⇧ 60.7% vs 28 last year
Pending
11
24% pending ratio
Median Price
$185,000
⇧ 7% vs $172,975 last year
Average Price
$210,224
⇧ 6.9% vs $196,646 last year
Days on Market
71
⇩ 2.7% vs 73 days last year

Price Per Square Foot

Median $/sqft
$98
⇩ 6.7% vs $105/sqft last year
Median Home Size
2,016 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 28 last year
  • Days on market: 71 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $185,000 (+7% YoY)
  • Average: $210,224 (+6.9% 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 27.1 miles — 100 listings ($24,612,950 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51012Cherokee, IA 510120.0 mi28$4,782,736$165,950$170,812
51005Aurelia, IA 510057.2 mi3$637,500$212,500$212,500
51035Marcus, IA 5103512.4 mi3$662,376$192,475$220,792
51009Calumet, IA 5100913.8 mi1$82,250$82,250$82,250
51047Peterson, IA 5104716.7 mi2$133,000$66,500$66,500
51058Sutherland, IA 5105817.2 mi4$2,331,332$346,250$582,833
51048Pierson, IA 5104819.2 mi1$123,000$123,000$123,000
51033Linn Grove, IA 5103319.6 mi1$195,750$195,750$195,750
50588Storm Lake, IA 5058821.1 mi38$11,948,454$276,000$314,433
51053Schaller, IA 5105322.2 mi4$594,352$116,250$148,588
51245Primghar, IA 5124523.1 mi4$564,000$134,500$141,000
50585Sioux Rapids, IA 5058524.2 mi6$1,105,200$202,500$184,200
51003Alton, IA 5100327.1 mi5$1,453,000$300,000$290,600

Frequently Asked Questions

How many homes are for sale in CHEROKEE, IA 51012?

As of September 2026, there are 45 active listings in CHEROKEE, IA (zip code 51012), compared to 28 the prior year.

What is the median home price in CHEROKEE, IA 51012?

The median listing price in CHEROKEE, IA 51012 is $185,000 as of September 2026, a 7% increase from $172,975 the prior year.

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

Homes in CHEROKEE, IA 51012 spend an average of 71 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in CHEROKEE, IA 51012?

Based on current inventory and days-on-market data as of September 2026, CHEROKEE, IA 51012 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 71 days on market compared to 73 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHEROKEE, IA 51012 save an estimated $3,700 compared to a typical 5% commission on the median listing price of $185,000. 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.