Cherokee County, Alabama home prices
Typical home $229,115 · +0.8% in a year · property tax 0.38%
The typical home in Cherokee County is worth $229,115, 4% less than the Alabama typical home ($238,614). Values changed +0.8% in the past year and +12.1% over five years. Homeowners here pay a median 0.38% of their home's value in property tax each year ($877 on the typical home), versus 0.38% statewide.
Mortgage on the typical Cherokee County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $45,823 | $183,292 | $1,233 | $0 | $188 | $1,421 | $60,900 |
| 10% down | $22,912 | $206,204 | $1,387 | $86 | $188 | $1,661 | $71,200 |
| 5% down | $11,456 | $217,659 | $1,464 | $91 | $188 | $1,743 | $74,700 |
| 3.5% down (FHA) | $8,019 | $224,965 | $1,513 | $101 | $188 | $1,802 | $77,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.38% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alabama.
Alabama counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Morgan County | $227,725 | +0.7% | 0.34% |
| Lauderdale County | $227,549 | +3.2% | 0.38% |
| Cleburne County | $232,870 | +6.4% | 0.29% |
| Blount County | $235,551 | +2.1% | 0.3% |
| Chilton County | $221,906 | +6.3% | 0.33% |
| Bibb County | $220,480 | +3.6% | 0.2% |
| Lawrence County | $220,468 | +0.5% | 0.29% |
| Marshall County | $240,091 | +2.9% | 0.36% |
| De Kalb County | $215,383 | +5.2% | 0.32% |
| Jefferson County | $214,208 | +1.5% | 0.59% |
Frequently asked questions
What is the average home price in Cherokee County, AL?
The typical home value in Cherokee County is $229,115 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Cherokee County?
About $60,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Cherokee County?
The median effective rate is 0.38% of home value a year (Census ACS 2024 5-year estimates).