Why Live in Cherryville
Cherryville is experiencing revitalization and growth, particularly in its downtown area, which has undergone a significant renovation project. The once-empty storefronts on Main Street now house restaurants, apartments, and shops, drawing both locals and visitors to the century-old brick buildings. The Cherry Pit, downtown’s first spot serving alcohol, and the Cherryville Family YMCA are notable additions. The annual Cherry Blossom Festival, attracting around 15,000 attendees, features live music, a pageant, car show, games, and a 5K run. Thursday mornings bring the Cherryville Farmers Market to Main Street’s pocket park. Longstanding businesses like The Shake Shop, known for its Lottaburger, continue to thrive alongside new establishments. Housing options range from downtown bungalows and minimal traditional homes to ranch homes in subdivisions and large traditional houses on Moss Lake’s shore. Cherryville Elementary School is highly rated, serving children before they move on to other local schools. 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, 15 miles north, provides over 40 miles of hilly trails for hiking. The community maintains a low crime risk compared to the national average. Many residents commute to Charlotte, 40 miles away, facilitated by North Carolina Highway 150 and enhanced by recent fiber-optic internet installations. Cherryville’s unique New Year’s tradition, the New Years Shooters, continues to be celebrated by residents, reflecting the town’s rich heritage.
Home Trends in Cherryville, NC
On average, homes in Cherryville, NC sell after 69 days on the market compared to the national average of 50 days. The median sale price for homes in Cherryville, NC over the last 12 months is $259,900, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$259,900
Median Single Family Sale Price
$285,000
Average Price Per Sq Ft
$181
Number of Homes for Sale
60
Last 12 months Home Sales
140
Median List Price
$295,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
6%