The median home in Cherryville, North Carolina is valued at $242,634, up 1.5% year over year. Typical monthly rent is $1,250, producing a price-to-rent ratio of 16.2x — near the national average of 18x. Cherryville is part of the Charlotte-Concord-Gastonia, NC-SC metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$242,634
+1.5%
Rent$1,250/mo
AFFORDABILITYRenting $297/mo cheaper ($1,250 rent)6.50% 30yr, 20% down, county tax + NC ins. 28% per HUD.
Enter your income for Cherryville.
$48,527 on $242,634
Affordable — 24.8% of income
Under the 28% guideline.
PITI$1,547
P/I24.8%
Afford$274K
Room+$32K
P&I $1,227Tax $170Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in North Carolina
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Full Charlotte-Concord-Gastonia, NC-SC analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Charlotte-Concord-Gastonia, NC-SC metro.
View Charlotte-Concord-Gastonia, NC-SC metro →