Cherokee County, Georgia Housing Market

In Cherokee County, Georgia, the median home value is $435,100, with a median monthly rent of $1,799. This places Cherokee County at #213 nationally out of 3134 counties by median home value, and #5 within Georgia.

Median Home Value $435,100
Median Rent $1,799/mo
Owner Occupancy 77.3%
Price/Rent Ratio 20.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cherokee County rose +2.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

64,008
jobs (private sector)
  • Avg weekly wage: $1,081
  • Establishments: 8,186
  • BLS QCEW, 2025
🏗️

Housing Supply

1,524
new units authorized (2025)
  • Single-family: 1,491
  • Multi-family: 33
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+7045
net migration (filers, 2021-2022)
  • Inflow: 111,166 (avg $107,642)
  • Outflow: 104,121 (avg $107,744)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Cherokee County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 30004 330.2 +7.56% 2025
2 30114 284.9 +4.54% 2025
3 30075 295.8 -1.67% 2025
4 30115 278.7 -0.98% 2025
5 30028 268.7 -2.67% 2025
6 30040 282.1 +7.75% 2025
7 30534 273.4 +2.53% 2025
8 30188 300.9 +1.99% 2025
9 30107 277.9 +2.09% 2025
10 30189 287.8 +0.76% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Cherokee County Compares

MetricCherokee CountyGeorgia AverageU.S. Average
Median Home Value $435,100 $197,932 $227,706
Median Gross Rent $1,799 $965 $968
Owner Occupancy Rate 77.3% 70.6% 73.3%
Price/Rent Ratio 20.2 16.6 18.7

Market Analysis

The median home value in Cherokee County is 119.8% above the Georgia state average and 91.1% above the U.S. national average. The median rent of $1,799/month is 86.4% above the state average.

With a price-to-rent ratio of 20.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Cherokee County has an owner-occupancy rate of 77.3%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Skagway Municipality Alaska $435,400 $1,280
Aleutians West Census Area Alaska $434,700 $1,982
Cape May County New Jersey $434,600 $1,360
Carroll County Maryland $434,000 $1,427
Fayette County Georgia $436,400 $1,898

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Fayette County $436,400 $1,898 80.1%
Fulton County $458,800 $1,732 54.3%
Oconee County $461,600 $1,462 81.3%
Cobb County $407,200 $1,730 67.0%
Dawson County $406,700 $1,626 78.7%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).