Cherokee, IA Real Estate

According to census data in the year 2000 there were 2,567 housing units in Cherokee. This represents a 3.6% decline from 2,663 in 1990.

Of those housing units, 2,343 were located in either urbanized areas or urban clusters, and 224 were located in what is classified as a rural area.

Homeownership rate in Cherokee is about 68.8%. Cherokee's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Cherokee were built after 1950.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom15%
Two Bedrooms32.10%
Three Bedrooms30.70%
Four Bedrooms17.50%
Five Bedrooms or more4%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1946
Median Value of occupied units$54,500
Median Price asked for vacant units$61,700

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1958
Median Monthly Rent asked for vacant units$230

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan2.30%
Simple Mortgage39.20%
Debt Free51.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%