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 EstateStatistics & 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
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2025, My Florida Regional MLS DBA Stellar MLS.
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 |
