Neighborhood · Orlando, Florida
Lake Cherokee
A historic lakeside pocket minutes from Downtown
4
Homes for sale
$437,000
Median list price
$254
Avg price / sqft
90
Median days on market
Lake Cherokee sits just south of Downtown Orlando, one of the city's older residential districts where tree-lined streets and character homes front a small urban lake. The location is the headline here: you're about five minutes from Downtown, roughly 19 minutes to Universal Orlando, and under half an hour to Orlando International Airport. For buyers who want walkable, established Orlando over master-planned sprawl like Laureate Park or Hunters Creek, this neighborhood delivers that feel.
The market is small and moves deliberately. There are only three active listings right now, with a median list price of $475,000 and homes sitting a median of 106 days before selling. But sold data tells a different story — nine homes closed over the past year at a median of $685,000, with sellers getting about 97% of asking, which signals a tight, well-held neighborhood where the right home still commands its price. Browse more Orlando homes for sale if you want to compare nearby options like Metro West or Eagle Creek.
Lake Cherokee is a community in Orlando, Florida.
Quick facts
$175,000 – $589K price range
1,855 sqft median home
$991/mo median HOA
$1,900/mo median rent
9 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Cherokee
$175,000
629 DELANEY AVENUE UNIT 18, ORLANDO
1 bd · 1 ba · 625 sqft
$425,000$475,000
522 S OSCEOLA AVENUE, ORLANDO
4 bd · 3.5 ba · 2,391 sqft
$589,000$619,900
548 S OSCEOLA AVENUE, ORLANDO
3 bd · 3 ba · 2,072 sqft
$449,000
542 S OSCEOLA AVENUE UNIT 34, ORLANDO
2 bd · 2.5 ba · 1,637 sqft
Every active listing inside the Lake Cherokee boundary
Open full map search →Find your fit
Browse Lake Cherokee
By feature — on the live map
Where the market lives
The numbers that matter
The Lake Cherokee market
9
Sold, last 12 months
$685,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
39 days
Median time to sell
Lake Cherokee vs Orlando
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 212.9% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Lake Cherokee boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Lake Cherokee is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Lake Cherokee home
≈ $3,893/mo
$437,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$991/mo
Median HOA
From current listings inside the boundary
$1,900/mo
Median rent
Homes for rent inside the boundary
Population
1,164
Median age
62
Median income
$31,044
Median home value
$443,076
Beyond the listings
Living in Lake Cherokee
Lifestyles
Top 4% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Relationships
Top 6% in the U.S.Happily Ever After
Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.
Food & Drink
Top 12% in the U.S.Ingredient Attentive
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Beliefs
Top 12% in the U.S.Mindfulness & Spirituality
Seeking peace and well-being through meditation, gratitude and spirituality.
Relationships
Top 13% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Hobbies & Interests
Top 14% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
People who close here
Our Orlando experts
Straight answers
Lake Cherokee FAQs
Is Lake Cherokee a good place to live?+
If you value being close to Downtown Orlando — about a five-minute drive — and living in an established lakeside neighborhood rather than a new subdivision, Lake Cherokee is a strong fit. It's zoned for William R. Boone High and Blankner K-8, and you're under 20 minutes from Universal Orlando and about 28 minutes from MCO.
Is Lake Cherokee expensive?+
It sits in Orlando's mid-to-upper range. The median list price is currently $475,000, but homes that actually sold over the past year closed at a median of $685,000 — a reflection of the larger, higher-quality homes that trade here.
What do homes cost in Lake Cherokee?+
Active listings range from $449,000 to $589,000, with a median list of $475,000 and an average of about $252 per square foot on a median home size of 2,072 square feet. For context, nine homes sold in the last 12 months at a $685,000 median. Compare similar price points in Metro West.
How is the market in Lake Cherokee?+
It's small and slow-moving in the best sense: only three homes are active and the median time on market is 106 days, but sellers still average 97% of their asking price. That combination points to a low-inventory neighborhood where well-priced homes hold value.
What about HOA fees and property taxes?+
The median HOA runs about $1,142 per month, which is on the higher side and worth confirming per property, and median annual property tax is roughly $5,407. Median rent in the area is around $1,900 per month if you're weighing renting against buying.
Keep exploring
More Orlando neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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