Many of the owners in Lake Cherokee don't actually occupy their homes throughout most of the year. This neighborhood has a good variety of businesses and amenities which are designed to appeal to the largely female population. Older individuals and couples will find this neighborhood serene and quiet; there are not a lot of young folks around here. Residents of this neighborhood have lower income than average, according to public data.
Given its popularity and demand, Lake Cherokee's real estate market is hot, with an average listing price of $670,780 this year; the average listing price increased 23.6 percent year-over-year. Meanwhile, inventory noticeably dropped by 28.6 percent, bringing the number of listings to a low 5 homes. Steep yourself in history and bring those bygone days into your present with the historic estates that are spread around Lake Cherokee, letting you find the perfect balance between old and new.