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Foreclosure Homes in Cherry Valley, IL

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Cherry Valley, IL Foreclosures

How much do homes sell for in Cherry Valley, IL?
The average home price is currently $289,711.
In Cherry Valley, IL, how many homes are available?
There are currently 32 active home listings available in Cherry Valley.
What’s the average rental cost in Cherry Valley, IL?
The average rental price in Cherry Valley is $1,378.
What is the most expensive home in Cherry Valley?
The most expensive home sold in Cherry Valley had a price of $2,392,100.
What is currently the cheapest priced home in Cherry Valley, IL?
The cheapest home for sale in Cherry Valley is priced at $18,120.

Living in Cherry Valley, IL

Cherry Valley is a charming village located in Winnebago County, Illinois, just south of Rockford. It offers a unique blend of suburban tranquility and proximity to urban amenities. The village is known for its well-maintained parks, welcoming community, and growing commercial areas, making it an attractive place for families and retirees alike.

Current Market Conditions in Cherry Valley, IL

Cherry Valley's real estate market has seen steady growth over the past year, reflecting a healthy demand for family homes and affordable properties. The blend of suburban living with access to larger urban centers makes it appealing for first-time homebuyers as well as those looking to invest.

With a variety of home styles available, from single-family homes to townhouses, there is a property to suit various buyer preferences. The current market trends indicate that homes in Cherry Valley are appreciating in value, making it an attractive time for both buyers and investors.

Home Value Estimator For Cherry Valley, IL

There are currently 2,017 real estate properties in Cherry Valley, IL, with a median automated valuation model (AVM) price of $282,713.00. 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 Valley, 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 Valley, IL, is $289,711.00, with the most expensive house in Cherry Valley, IL, topping out at $2,392,100.00 and the cheapest home in Cherry Valley, IL, clocking in at $18,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Cherry Valley, IL!

Rent Prices In Cherry Valley, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cherry Valley, IL, is on a rollercoaster ride. The average rent price in Cherry Valley, IL, is $1,378.00. Indeed, when looking to rent in Cherry Valley, IL, you can expect to pay as little as $580.00 or as much as $2,390.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Cherry Valley, 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 Valley, IL Foreclosures


Market Trend for Cherry Valley, IL

Total Listings Available: 32

Market Values:

Home Prices from $18,120 to $2,392,100

Average Sales Price: $289,711

Rental Values:

Rental from $580 to $2,390

Average Rent Value: $1,378 / month

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