Cherry, IL Home Values & Market Trends
Real estate market trends reflect that there have been 9 transactions over the past year in Cherry. The median value for residential home transactions that occurred over the previous year is $186,220. The number of current listings in Cherry is 7, and the percentage of properties for sale in the city is 7.00%. Cherry, IL currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 7 properties for sale.
Cherry, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61317 | $ 186,220 $ 157/sqft |
Housing Market Summary for Cherry, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $94,500 | $152.3K | 61.11% |
| Median Sold Price | $154.3K | $122.7K | -20.46% |
| Homes For Sale | 7 | 6 | -14.29% |
| Homes Sold | 9 | 4 | -55.56% |
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 $53,522 to $369,184. The median estimated value of a home in Cherry is $186,220. The median list price of a home is 119,000, and the total count of properties in the city is 11.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cherry, IL with $[pre-foreclosures-highest-count-region] containing 0 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 $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- 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.
Compare Nearby Cities
More Real Estate Resources for Cherry, IL
Guide for Cherry, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.