Cherry, IL Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in Cherry. The median value for residential home transactions that occurred over the previous year is $84,429. The number of current listings in Cherry is 2, and the percentage of properties for sale in the city is 2.00%. Cherry, IL currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.
Cherry, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61317 | $ 178,642 $ -- |
Housing Market Summary for Cherry, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $110K | $103.1K | -6.24% |
| Median Sold Price | $70,707.5 | $103.1K | 45.87% |
| Homes For Sale | 3 | 2 | -33.33% |
| Homes Sold | 6 | 2 | -66.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cherry, IL
Browse Homes in Cherry, IL
Cherry home values range from $18,409 to $297,041. The median estimated value of a home in Cherry is $84,429. The median list price of a home is 153,700, and the total count of properties in the city is 219.
- Pre-ForeclosurePre-foreclosure homes account for 0.46% of all residential properties in Cherry, IL with 61317 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cherry, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $92,591 in 61317 to the lowest home value of $92,591 in 61317.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cherry, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cherry, IL. There is 1 zips within Cherry, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Cherry, IL. Auction homes and other auction properties account for 0% of all properties in Cherry, IL. There is 1 zips within Cherry, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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