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CHEROKEE, OK 73728

Real Estate Market Report  ·  Alfalfa County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
14
⇧ 55.6% vs 9 last year
Pending
3
21% pending ratio
Median Price
$61,745
⇩ 43.8% vs $109,950 last year
Average Price
$110,375
⇩ 44.4% vs $198,550 last year
Days on Market
200
⇧ 80.2% vs 111 days last year

Market Context

Population: 1,896  ·  Density: 3.3/mi²  ·  Median household income: $78,625

Typical home value: $115,709  ·  Homeownership: 77.2%

Market Analysis

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

The CHEROKEE, OK real estate market (73728) currently shows 14 active listings, with 3 pending sales. Homes are averaging 200 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 200 days on market compared to 111 days last year.

The median listing price has fallen 43.8% year-over-year, from $109,950 to $61,745.

Whether you are buying or selling in CHEROKEE, OK, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 9 last year
  • Days on market: 200 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $61,745 (-43.8% YoY)
  • Average: $110,375 (-44.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.6 miles — 100 listings ($16,325,410 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
73728Cherokee, OK 737280.0 mi14$1,545,250$61,745$110,375
73726Carmen, OK 7372612.3 mi1$180,000$180,000$180,000
73741Helena, OK 7374114.6 mi1$169,000$169,000$169,000
73761Nash, OK 7376120.1 mi2$319,000$159,500$159,500
73717Alva, OK 7371722.5 mi43$7,602,271$133,500$176,797
67070Kiowa, KS 6707024.3 mi5$921,250$161,500$184,250
73768Ringwood, OK 7376826.5 mi1$249,000$249,000$249,000
73754Lahoma, OK 7375429.1 mi3$475,800$115,900$158,600
73766Pond Creek, OK 7376631.3 mi4$749,900$192,000$187,475
67003Anthony, KS 6700331.7 mi17$2,291,039$114,950$134,767
67009Attica, KS 6700934.4 mi5$756,000$120,000$151,200
73735Drummond, OK 7373537.0 mi2$276,900$138,450$138,450
73759Medford, OK 7375938.6 mi2$790,000$395,000$395,000

Frequently Asked Questions

How many homes are for sale in CHEROKEE, OK 73728?

As of January 2026, there are 14 active listings in CHEROKEE, OK (zip code 73728), compared to 9 the prior year.

What is the median home price in CHEROKEE, OK 73728?

The median listing price in CHEROKEE, OK 73728 is $61,745 as of January 2026, a 43.8% decrease from $109,950 the prior year.

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

Homes in CHEROKEE, OK 73728 spend an average of 200 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in CHEROKEE, OK 73728?

Based on current inventory and days-on-market data as of January 2026, CHEROKEE, OK 73728 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 200 days on market compared to 111 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHEROKEE, OK 73728 save an estimated $1,235 compared to a typical 5% commission on the median listing price of $61,745. 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.