Cherry, IL Foreclosures
How much do homes sell for in Cherry, IL?
The average home price is currently $127,326.
In Cherry, IL, how many homes are available?
There are currently 34 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 $432,337.
What is currently the cheapest priced home in Cherry, IL?
The cheapest home for sale in Cherry is priced at $36,308.
Living in Cherry, IL
Cherry, Illinois, is a charming small town that boasts a friendly and welcoming atmosphere. With an emphasis on community and family, residents enjoy a peaceful rural lifestyle. The picturesque surroundings include access to outdoor activities and local events, making it a great place for those seeking tranquility.
Current Market Conditions in Cherry, IL
The real estate market in Cherry, IL is currently characterized by a stable environment, with steady demand for homes. Buyers often appreciate the affordability compared to larger urban areas, leading to consistent interest in new listings.
With a relatively small population, homes in Cherry tend to move quickly when they are priced appropriately. The rate of homes sold has shown a stable trend, indicating a balanced market where both buyers and sellers experience reasonable opportunities.
Home Value Estimator For Cherry, IL
There are currently 210 real estate properties
in Cherry, IL,
with a median automated valuation model (AVM) price
of $111,123.00. 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 $127,326.00, with the most expensive house
in Cherry, IL, topping out
at $432,337.00 and the cheapest home
in Cherry, IL,
clocking in at $36,308.00. 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.
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