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Cherry Valley IL Landlot Properties For Sale

The median home value in Cherry Valley, IL is $220,500. This is higher than the county median home value of $155,300. The national median home value is $338,100. The average price of homes sold in Cherry Valley, IL is $220,500. Approximately 72.32% of Cherry Valley homes are owned, compared to 22.56% rented, while 5.13% are vacant. Cherry Valley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Cherry Valley real estate agent to arrange a tour today!

Learn More About Cherry Valley Real Estate

Statistics & facts

2,726 Population
$220K Medium Home Value
1,203 # of Households
5.13% Housing Vacancy
25.15% Future Job Growth
6.10% Unemployment Rate

Andrea Conner, License 1000188, Xome Inc., License 9622, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright © 2025 MLS Property Information Network, Inc. All rights reserved.

Andrea Conner, License 1000188, Xome Inc., License 9622, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright © 2025 MLS Property Information Network, Inc. All rights reserved.


Population

Cherry Valley has a population of approximately 2,726 and experiences a population change rate of 24.42%. The population density is 325.5 / sq mi.

Household

The median household income for Cherry Valley is $69,358, with 1,203 households and an average household size of 2.22.

Cost of Living

The cost of living index in Cherry Valley is 92.4%.

Home Value

The median value of a home in Cherry Valley is $220,500 with an appreciation rate of 13.5%. 72.3% of housing in the city is owned while 22.6% is rented.

Employment

The unemployment rate in Cherry Valley is 6.10%, and recent job growth is at -1.90%. Future job growth is projected at 25.15%.

Taxes

The sales tax rate in Cherry Valley is 8.75%, while the income tax rate is 4.95%.

Education

School expenditures in Cherry Valley are $16,393, and the school ratio is 15.9:1.

Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.1 inches per year, with 35.1 inches of snow per year.

Education near Cherry Valley IL

Metric City County
High School Graduates 92.91 88.18
College Degree - 2 year 8.31 9.53
College Degree - 4 year 28.46 23.26
Graduate Degree 4.52 6.16
Expenditures per Student $16,393 $16,393
Students per Teacher 15.90 15.90

Elementary Schools near Cherry Valley IL

School Grades Students P/T Ratio ZIP
A C Thompson Elementary School KG - 05 292 14.1 61108
Arthur Froberg Elementary School KG - 05 452 18.3 61109
Brookview Elementary School KG - 05 437 16.6 61107
C Henry Bloom Elementary School KG - 05 315 15.2 61107
Cherry Valley Elementary School 03 - 05 191 16 61016
CICS Jackson KG - 08 501 23.2 61107
Fairview Center PK - PK 741 30.9 61108
Gregory Elementary School KG - 05 327 14.7 61108
Lincoln Elementary School KG - 05 614 17.1 61008
Marsh Elementary School PK - 05 427 15.9 61107
Maud E Johnson Elementary School KG - 05 470 16.2 61107
Meehan Elementary School KG - 05 630 18.1 61008
Perry Elementary School KG - 05 293 17.9 61008
Riverdahl Elementary School PK - 02 576 18.1 61109
Rolling Green PK - 05 754 12.9 61108
Seth Whitman Elementary School KG - 05 661 17.8 61008
Swan Hillman Elementary School PK - 05 522 17.2 61109
Washington Academy PK - 08 861 17.1 61008
White Swan Elementary School PK - 02 303 17.9 61108
Whitehead Elementary School KG - 05 346 17.4 61108
Wm Nashold Elementary School 03 - 05 331 15.7 61109

Middle Schools near Cherry Valley IL

School Grades Students P/T Ratio ZIP
Belvidere Central Middle School 06 - 08 1045 17.9 61008
Belvidere South Middle School 06 - 08 844 14.4 61008
Bernard W Flinn Middle School 06 - 08 1007 16.2 61108
Eisenhower Middle School 06 - 08 756 14.1 61107

High Schools near Cherry Valley IL

School Grades Students P/T Ratio ZIP
Belvidere High School 09 - 12 1263 19.5 61008
Belvidere North High School 09 - 12 1443 18.6 61008
Jefferson High School 09 - 12 1704 16.6 61109
Rockford East High School 09 - 12 1905 16.8 61108

Ungraded Schools near Cherry Valley IL

School Grades Students P/T Ratio ZIP
* Reg'l Learning Center Star Boone 09 - 12 0 null 61008
Regional Learning Academy Star Boone 06 - 12 88 16.9 61008