Housing in Cherry Valley, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$390,000
Median List Price
N/A
Price Per Sq Ft
$206
Days on Market
10
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$278,137
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
101.3%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$206
Cherry Valley vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Cherry Valley is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$222,400
Median Rent
$871
Total Housing Units
1,339
Vacancy Rate
3.4%
Owner Occupied
81.6%
Renter Occupied
18.4%
Median Property Tax
$5,430
per year
Monthly Cost (w/ Mortgage)
$1,220
Housing Types
The current median sale price in Cherry Valley, IL is $390,000 according to Redfin data. Homes spend a median of 10 days on the market. 100.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $206. The median rent is $871 per month (Census ACS). About 81.6% of housing units are owner-occupied. The median year homes were built is 1996. There are 1,339 total housing units.