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Land Foreclosures in Cherry Valley, IL

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Cherry Valley, IL Foreclosures

Current Market Conditions in in Cherry Valley, IL As of March 2026?
In the past month, Cherry Valley has observed a slight increase in home sales, as more buyers are entering the market in search of affordable housing options. The average days on market have decreased, suggesting that homes are selling quicker, indicating a growing interest from buyers. However, inventory levels remain limited, causing some competition for desirable properties.
How much do homes sell for in Cherry Valley, IL?
The average home price is currently $295,228.
In Cherry Valley, IL, how many homes are available?
There are currently 1 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 $3,979,247.
What is currently the cheapest priced home in Cherry Valley, IL?
The cheapest home for sale in Cherry Valley is priced at $18,059.

Living in Cherry Valley, IL

Cherry Valley is a charming village in Illinois that combines the tranquility of suburban living with the convenience of city access. Known for its parks and family-friendly atmosphere, it provides a great community for all ages. With a variety of amenities and outdoor activities, Cherry Valley is a wonderful place to call home.

Buyer vs Seller Market in Cherry Valley, IL

The real estate market in Cherry Valley remains relatively stable, with a mix of traditional single-family homes and newer developments. Buyers are showing interest in the area due to its affordability compared to neighboring cities. The market has seen consistent demand, indicating a healthy balance of supply and buyer interest.

Home Value Estimator For Cherry Valley, IL

There are currently 2,118 real estate properties in Cherry Valley, IL, with a median automated valuation model (AVM) price of $280,699.00. 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 $295,228.00, with the most expensive house in Cherry Valley, IL, topping out at $3,979,247.00 and the cheapest home in Cherry Valley, IL, clocking in at $18,059.00. 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 Land

Market Trend for Cherry Valley, IL

Total Listings Available: 1

Market Values:

Home Prices from $18,059 to $3,979,247

Average Sales Price: $295,228

Rental Values:

Rental from $580 to $2,390

Average Rent Value: $1,378 / month

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