Commercial Real Estate Market in Cherokee, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 160 off-market properties in Cherokee, AL.
Market Trends
Cherokee, AL spans 216.0 square miles in Colbert County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Cherokee, AL asks $104/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Cherokee, AL asks $138/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cherokee, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Cherokee, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Cherokee, AL has 3,756 residents in 1,993 households. Density runs 17 people per square mile. Median household income here is $47,083 and median gross rent $820 a month.
3,756
Population
1,993
Households
1.9
Avg Household Size
47
Median Age
13%
College-Educated
86%
High-School Grad
216 sq mi
ZIP Area
17
Density / Sq Mi
$47,083
Median Household Income
$41,868
Median Earnings
$820
Median Rent
$94,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oldham | — | — |
| Eastport | — | — |
| Iuka | — | — |
| Mingo | — | — |
Commercial property in Cherokee, AL asks $1,181/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cherokee?
Commercial property in Cherokee, AL asks an average of $1,181 per square foot. The 3 most recent recorded sales traded at a median of $39/SF, so asking sits 2915% above the achieved median. Retail carries the highest asking price at $138/SF.
Where does Realmo's Cherokee market data come from?
Realmo compiles Cherokee, AL figures from 3 recent recorded sales, 34 active sale listings, 160 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 0 active for-lease listings in Cherokee, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
