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Foreclosure Homes in Cherry, IL 61317

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Cherry, IL Foreclosures

Current Market Conditions in in Cherry, IL As of May 2026?
Home values: +3.59% MoM; rent: +0.00% MoM.
How much do homes sell for in Cherry, IL?
The average home price is currently $130,097.
In Cherry, IL, how many homes are available?
There are currently 1 active home listings available in Cherry.
What’s the average rental cost in Cherry, IL?
The average rental price in Cherry is $1,034.
What is the most expensive home in Cherry?
The most expensive home sold in Cherry had a price of $425,322.
What is currently the cheapest priced home in Cherry, IL?
The cheapest home for sale in Cherry is priced at $35,772.

Living in Cherry, IL

Cherry, IL is a quiet Bureau County village with affordable housing, small-town character, and access to larger Illinois Valley communities such as Spring Valley, Princeton, Peru, and LaSalle.

Buyer vs Seller Market in Cherry, IL

Median home value: $116,874 as of 2026-05-14.

Median rent: $1,040 as of 2026-05-14.

Home values: +3.59% MoM, +18.38% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Cherry, IL

There are currently 214 real estate properties in Cherry, IL, with a median automated valuation model (AVM) price of $116,874.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cherry, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cherry, IL, is $130,097.00, with the most expensive house in Cherry, IL, topping out at $425,322.00 and the cheapest home in Cherry, IL, clocking in at $35,772.00. In other words, there’s something for every potential homebuyer or savvy investor in Cherry, IL!

Rent Prices In Cherry, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cherry, IL, is on a rollercoaster ride. The average rent price in Cherry, IL, is $1,034.00. Indeed, when looking to rent in Cherry, IL, you can expect to pay as little as $790.00 or as much as $1,580.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Cherry, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cherry, IL 61317 Foreclosures

Market Trend for Cherry, IL

Total Listings Available: 1

Market Values:

Home Prices from $35,772 to $425,322

Average Sales Price: $130,097

Rental Values:

Rental from $790 to $1,580

Average Rent Value: $1,034 / month

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