Housing Market Report for John Chavis Middle School, Cherryville, NC

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This housing market report uses absorption rates to track supply and demand for John Chavis Middle School, Cherryville, NC. With 5 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 22, 2026]

What is an Absorption Rate? How is Absorption Rate calculated? How is Months of Inventory calculated? Market Conditions Guide

Seller's Market

Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market

3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market

Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

Houses

Hottest Segment 🔥

$250k – $275k

Absorption rate of 0.6, with 1.7 months of inventory.

Coolest Segment ❄️

$300k – $325k

With 16 months of inventory, buyers have more time and negotiating power in this range.

Most Active

$250k – $275k

4 active listings with 14 sold in the last 6 months.

Market Overview

All Segments

Supply and demand are roughly in balance at 5 months of inventory.

List Price	Available	Sold Last 6 Months	Absorption Rate	Months of Inventory	Market
75k-100k	1		0
$84,900 109 Carlton Dr. Cherryville, NC


100k-125k		1	0.2	0	Seller's

$115,000 108 S Cherry St. Cherryville, NC

125k-150k	1	1	0.2	6	Balanced
$147,000 101 Huss Ave. Cherryville, NC
$135,000 448 Tot Dellinger Rd. Cherryville, NC

150k-175k	2		0
$159,900 1014 N Mountain St. Cherryville, NC $164,900 1705 St Marks Church Rd. Cherryville, NC


175k-200k	2	1	0.1	12	Buyer's
$186,000 313 Black St. Cherryville, NC $189,000 500 N Elm St. Cherryville, NC
$195,000 402 N Houser St. Cherryville, NC

200k-225k	4	4	0.2	6	Balanced
$225,000 303 S Mountain St. Cherryville, NC $222,500 619 N Mountain St. Cherryville, NC $210,000 116 Whitesides St. Cherryville, NC $220,000 120 Otto Rd. Cherryville, NC
$223,000 218 Vernon St. Cherryville, NC $220,000 7323 Dallas Cherryville Hwy. Cherryville, NC $224,000 302 White St. Cherryville, NC $220,000 328 S Pink St. Cherryville, NC

225k-250k	2	1	0.1	12	Buyer's
$245,000 206 Lilly St. Cherryville, NC $235,000 711 East Dr. Cherryville, NC
$231,500 303 Mark St. Cherryville, NC

250k-275k	4	14	0.6	1.7	Seller's
$265,000 104 Terrace Dr. Cherryville, NC $275,000 707 E 1st St. Cherryville, NC $259,000 228 Tot Dellinger Rd. Cherryville, NC $268,580 5511 Chambray Ter. Cherryville, NC
$269,900 114 Black Rock School Rd. Cherryville, NC $255,500 1105 Hillcrest Dr. Cherryville, NC $260,000 510 North Mulberry St. Cherryville, NC $256,000 425 W Ballard St. Cherryville, NC $255,000 901 E Church St. Cherryville, NC $269,980 5045 Poplin Valley Cherryville, NC $264,000 427 W Ballard St. Cherryville, NC $270,000 511 Sunbeam Farm Rd. Cherryville, NC $257,000 5047 Poplin Valley Cherryville, NC $270,000 204 Black Rock School Rd. #12 Cherryville, NC $262,000 5040 Poplin Valley Cherryville, NC $275,000 1209 Requa Rd. Cherryville, NC $267,000 405 E Hill Dr. Cherryville, NC $254,000 416 N Pine St. Cherryville, NC

275k-300k	4	6	0.3	4	Balanced
$287,900 401 S Mulberry St. Cherryville, NC $289,900 1014 Ranbar St. Cherryville, NC $278,780 5056 Poplin Valley Cherryville, NC $298,080 5065 Poplin Valley Cherryville, NC
$289,000 507 S Elm St. Cherryville, NC $283,800 5043 Poplin Valley Cherryville, NC $298,000 5507 Chambray Ct. Cherryville, NC $292,000 113 Delview Dr. Cherryville, NC $277,500 402 Pine Grove Ave. Cherryville, NC $290,000 1100 Jennifer Ln. Cherryville, NC

300k-325k	8	3	0.1	16	Buyer's
$319,900 315 S Pink St. Cherryville, NC $322,000 5021 Poplin Valley Cherryville, NC $319,900 315A S Pink St. Cherryville, NC $308,910 5509 Chambray Ter. Cherryville, NC $308,910 5050 Poplin Valley #0121 Cherryville, NC $306,380 5046 Poplin Valley Cherryville, NC $308,410 5042 Poplin Valley Cherryville, NC $318,710 5060 Poplin Valley Cherryville, NC
$325,000 211 Roy Eaker Rd. Cherryville, NC $309,000 5061 Poplin Valley Cherryville, NC $307,000 5063 Poplin Valley Cherryville, NC

325k-350k	3	2	0.1	9	Buyer's
$328,480 5069 Poplin Valley Cherryville, NC $341,780 5067 Poplin Valley Cherryville, NC $329,999 407 Farris Dr. Cherryville, NC
$345,000 311 Roy Eaker Rd. Cherryville, NC $340,000 216 Delview Dr. Cherryville, NC

350k-375k	2	2	0.2	6	Balanced
$356,000 229 Delview Dr. Cherryville, NC $375,000 7508 Dallas Cherryville Hwy. Cherryville, NC
$365,000 1470 Requa Rd. Cherryville, NC $352,000 1100 Sunset Rd. Cherryville, NC

375k-400k	1	3	0.5	2	Seller's
$384,000 301 Delview Dr. Cherryville, NC
$380,000 148 Buck Fraley Rd. Cherryville, NC $390,000 699 Sellerstown Rd. Cherryville, NC $383,000 110 Johnson Ln. Cherryville, NC

400k-425k		2	0.3	0	Seller's

$410,000 107 Farmwood Dr. Cherryville, NC $408,500 403 W Old Post Rd. Cherryville, NC

425k-450k		2	0.3	0	Seller's

$444,000 207 W Academy St. Cherryville, NC $445,000 309 St Marks Church Rd. Cherryville, NC

450k-475k	1		0
$457,000 706 Crescent Dr. Cherryville, NC


500k-550k		1	0.2	0	Seller's

$520,000 809 Spring St. Cherryville, NC

550k-600k		1	0.2	0	Seller's

$575,000 600 Queens Rd. Cherryville, NC

600k-650k	1		0
$607,500 3008 Eaker Dr. Cherryville, NC


750k-800k	1		0
$780,000 221 Lee Black Rd. Cherryville, NC

Land

Hottest Segment 🔥

$50k – $75k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️

$50k – $75k

With 3 months of inventory, buyers have more time and negotiating power in this range.

Most Active

$50k – $75k

1 active listings with 2 sold in the last 6 months.

Market Overview

All Segments

Supply and demand are roughly in balance at 4 months of inventory.

List Price	Available	Sold Last 6 Months	Absorption Rate	Months of Inventory	Market
25k-50k		1	0.2	0	Seller's

$35,000 106 S Cherry St. Cherryville, NC

50k-75k	1	2	0.3	3	Balanced
$65,000 00 Ben Carpenter Rd. Cherryville, NC
$55,000 01 Marys Grove Rd. Cherryville, NC $66,000 00 Diana Rd. #20/21 Cherryville, NC

75k-100k	1		0
$89,900 00 Marys Grove Rd. Cherryville, NC