Why Live in Cherryville
Cherryville, NC, is experiencing a revitalization, particularly in its downtown area, which has undergone a significant renovation. The once-empty storefronts on Main Street now host restaurants, apartments, and shops, attracting both locals and visitors. The Cherry Pit, downtown’s first alcohol-serving spot, and the Cherryville Family YMCA are among the new additions. Annual events like the Cherry Blossom Festival and the Cherryville Farmers Market add to the vibrant community atmosphere. Cherryville maintains a small-town feel, with longstanding businesses such as The Shake Shop, known for its signature Lottaburger. Housing options range from downtown bungalows and minimal traditional homes to ranch homes in subdivisions and large traditional houses on Moss Lake's shore. The community anticipates nearly 1,000 new homes by 2030. Cherryville Elementary School is highly rated, contributing to the appeal for families. Recreational opportunities include Andy Hovis Community Skate Park, Aaron B. Moss Municipal Park, and Cherryville Golf & Country Club. Moss Lake offers boating and fishing, while South Mountains State Park provides hiking trails 15 miles north. The commute to Charlotte, 40 miles away, is facilitated by North Carolina Highway 150, with remote work becoming more viable due to recent fiber-optic internet installation. Cherryville is safer than the national average, adding to its attractiveness for new residents.
Home Trends in Cherryville, NC
On average, homes in Cherryville, NC sell after 76 days on the market compared to the national average of 69 days. The median sale price for homes in Cherryville, NC over the last 12 months is $282,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$282,000
Median Single Family Sale Price
$282,000
Average Price Per Sq Ft
$213
Number of Homes for Sale
6
Last 12 months Home Sales
75
Median List Price
$287,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-13%