Cherryville, NC housing market
The typical Cherryville home is worth about $251,000, up 1.5% in a year, 25% below the North Carolina typical home. Homes typically sell in 80 days, below asking.
Home values, sales, trends and how Cherryville compares with the towns next door — updated as new data is published.
Cherryville at a glance
A balanced market
About 4.2 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Cherryville | North Carolina |
|---|---|---|
| 2017 | $112,000 | $179,000 |
| 2018 | $120,000 | $190,000 |
| 2019 | $133,000 | $203,000 |
| 2020 | $144,000 | $215,000 |
| 2021 | $173,000 | $242,000 |
| 2022 | $200,000 | $287,000 |
| 2023 | $229,000 | $320,000 |
| 2024 | $239,000 | $332,000 |
| 2025 | $246,000 | $338,000 |
| 2026 | $250,000 | $336,000 |
| August 2026 | $251,000 | $335,000 |
3.5 years of income
The typical Cherryville home costs about 3.5 years of the town's median household income, less than across North Carolina (4.6 years).
How Cherryville ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,030
HUD's Fair Market Rent for a two-bedroom in Cherryville is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cherryville pay a median of $1,059. A two-bedroom takes about 18% of the town's median household income.
Studio $890 · 4 bedrooms $1,610
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28021; Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.