Is Cherokee Village, AR 72529 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cherokee Village is a buyer’s market. With about 6.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score15/ 100

More competitive than 8% of U.S. ZIP codes, and #106 of 132 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply6.5Under 4 months = seller’s market
Sold above original list6.1%Share of sales, last 3 months
Median sale-to-list96.2%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$115▲ +4.0% vs. last year

The Cherokee Village housing market right now

In the three months ending August 31, 2026, 6% of homes in Cherokee Village, AR 72529 sold above their list price, the typical home went under contract in 51 days and there were 6.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 50 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold faster (62 days then) and the median sale price rose 10% to $149,934. Overall, Cherokee Village is about as competitive as it was a year ago.

Within Sharp County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Cherokee Village ranks #106 of 132 AR ZIP codes with enough sales (score 15 out of 100).

Nearby, buyers who want less competition could look at Poughkeepsie 72569 (0% sold over asking) or Evening Shade 72532 (0% sold over asking), while Williford 72482 (25% sold over asking) and Cave City 72521 (14% sold over asking) are even more competitive.

Nearby markets

Ash Flat 72513Buyer’s market $137 /sq ftCave City 72521Seller’s market $97 /sq ftEvening Shade 72532Buyer’s market $134 /sq ftHardy 72542Buyer’s market $126 /sq ft Browse all markets →

Where Cherokee Village is

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Questions about Cherokee Village real estate

Is Cherokee Village a buyer’s or seller’s market?

A buyer’s market: there were 6.5 months of supply in Cherokee Village, AR 72529 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Cherokee Village?

The typical home went under contract in 51 days in the latest three months.

Do homes in Cherokee Village sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.

What are property taxes in Cherokee Village?

About 0.56% of a home’s value a year in Sharp County, or roughly $2,240 on a $400,000 home.

What is the median home price in Cherokee Village?

The median sale price was $149,934 in the three months ending August 31, 2026, about $115 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology