Cherry Valley, IL 61016 Real Estate & Property Data
Last Updated: April 27, 2024
A total of 82 residential properties have been sold over the past 12 months in 61016. With a median sales price of $191,000 in 61016. Discover market trends and get the granular level real estate data for Cherry Valley, IL 61016 to keep your pulse on the housing market. Curate compelling home reports for Cherry Valley, IL 61016 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 1,886
Total Commercial Properties 114
Avg. Home Age (Single Family Home) 41 Years
Avg. Square Feet (Single Family Home) 1,846
Total 2024 Residential Sales (year-to-date) 12
% of Homes Seriously Underwater (Q2 2024) 0.38%
Total 2023 Residential Sales 78
% of Equity Rich Homes (Q2 2024) 45.23%
Effective 2023 Property Tax 2.2%
Total Foreclosure Filings (year-to-date) 2
Cherry Valley, IL 61016 Real Estate Overview
There were 82 residential properties sold in the past year in Cherry Valley, IL 61016. The median home value in Cherry Valley, IL 61016 is $246,511. There are a total of 1,886 residential properties in the 61016.
Median Sales Price i
$191,000
(Feb 2024)
-2.1%
year-over-year
y-o-y
- February '24 Feb '24 $191,000
- January '24 Jan '24 $248,500
- December '23 Dec '23 $277,000
- November '23 Nov '23 $245,500
- October '23 Oct '23 $295,000
- September '23 Sep '23 N/A
- August '23 Aug '23 $312,500
- July '23 Jul '23 $245,500
- June '23 Jun '23 $155,000
- May '23 May '23 $290,000
- April '23 Apr '23 $215,500
- March '23 Mar '23 $350,000
Median Down Payment i
$12,300
(Feb 2024)
-49.8%
year-over-year
y-o-y
- February '24 Feb '24 $12,300
- January '24 Jan '24 $65,650
- December '23 Dec '23 $40,520
- November '23 Nov '23 $88,315
- October '23 Oct '23 $55,000
- September '23 Sep '23 N/A
- August '23 Aug '23 $131,500
- July '23 Jul '23 $57,000
- June '23 Jun '23 $7,897
- May '23 May '23 $48,500
- April '23 Apr '23 $13,715
- March '23 Mar '23 $87,500
Number of Homes Sold i
8
(Feb 2024)
+166.7%
year-over-year
y-o-y
Number of Purchase Loans i
7
(Feb 2024)
+133.3%
year-over-year
y-o-y
Number of REFI Loans i
4
(Feb 2024)
+33.3%
year-over-year
y-o-y
Number of HELOC Loans i
Cherry Valley, IL 61016 Foreclosure Activity
Total Foreclosure Filings i
Completed Foreclosures (REOs) i
1
(Feb 2024)
- February '24 Feb '24 1
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 1
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 1
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
Interested in growing your business with Cherry Valley, IL 61016 property data?
Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.