Why Live in Cherry Branch
Cherry Branch is a neighborhood nestled on the banks of the Neuse River, offering a mix of suburban and country living. Homes here are situated on spacious lots surrounded by timbers and creeks, with the shopping and dining options of Havelock just 10 miles away. The community features amenities such as two pools, tennis and pickleball courts, playgrounds, a clubhouse, and horse stables. Residents can easily access the Cherry Branch-Minnesott Beach Ferry, which runs across the Neuse River twice an hour. The proximity to Marine Corps Air Station Cherry Point is a significant draw, with many residents being military personnel or families. Cherry Branch is located within Croatan National Forest, and homes range from Colonial Revival designs built in the 1990s to New Traditionals from the 2020s. The area has a low crime risk compared to the national average. Schools include Tucker Creek Middle and Havelock High, both highly rated, with Havelock High offering a robust career and technical education program. While the nearby airfield can get noisy, the community compensates with various amenities and events organized by the active homeowners association. For shopping and dining, residents often head to Havelock, which features establishments like La Casa Del Patron and Good Vibez Coffee and Wine Café. Outdoor activities are plentiful with access to marinas, hiking trails, and golf courses.
Frequently Asked Questions
What is the average home price in Cherry Branch, NC?
Homes for sale in Cherry Branch, NC have an average home price of $318,248.
Are home prices dropping in Cherry Branch?
Yes, home prices in Cherry Branch are down 10% in the last 12 months.
How many homes have sold over the last 12 months in Cherry Branch, NC?
16 homes have sold in Cherry Branch, NC over the last 12 months.
What are the most popular zip codes in Cherry Branch, NC?
How much do you need to make to afford a house in Cherry Branch?
The median home price in Cherry Branch is $303,490. If you put a 20% down payment of $60,700 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,580 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $68K a year to afford the median home price in Cherry Branch.
How are the schools in Cherry Branch, NC?
Home Trends in Cherry Branch, NC
On average, homes in Cherry Branch, NC sell after 49 days on the market compared to the national average of 50 days. The median sale price for homes in Cherry Branch, NC over the last 12 months is $301,245, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$301,245
Median Single Family Sale Price
$303,490
Average Price Per Sq Ft
$162
Number of Homes for Sale
1
Last 12 months Home Sales
16
Median List Price
$303,490
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%