Median home value: $243K (+1.5% YoY). Rent: $1,250/mo. Price-to-rent: 16.2x. Part of Charlotte-Concord-Gastonia, NC-SC.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Charlotte-Concord-Gastonia, NC-SC metro page.
Home Value$242,634
+1.5%
Rent$1,250/mo
AFFORDABILITYRenting $234/mo cheaper ($1,250 rent)6.00% 30yr, 20% down, county tax + NC ins. 28% per HUD.
Enter your income for Cherryville.
$48,527 on $242,634
Affordable — 23.7% of income
Under the 28% guideline.
PITI$1,484
P/I23.7%
Afford$286K
Room+$43K
P&I $1,164Tax $170Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing