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IL area data

Cherry valley, IL

Cherry valley, IL.

Population: 5,465 (Census ACS)

Home values & appreciation

Median home value
$294,120
1-year appreciation
+8.8%
3-year appreciation
+24.2%
5-year appreciation
+47.4%
10-year appreciation
+102.5%
All-time peak (2026-07)
$294,120
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$311,000
Median list price
$325,000
Median days on market
27 days
Sale-to-list ratio
97.9%
Active listings
4
1-year forecast
+4.5%
New listings (monthly)
8

Rents

2-bedroom fair-market rent (HUD reference)
$1,220/mo
3BR fair-market rent
$1,586/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, hail, iceStorm, inlandFlooding, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
59.0°F
Average low
40.0°F
Annual precipitation
39.9 in
Annual snowfall
40.8 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
167
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
5.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Rotstein Airport (5 mi)
Nearest major airport
Chicago Rockford International Airport (RFD) (8 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
EV charging stations (within 10 mi)
30
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-610 tax filers

Housing stock

Median year housing built
1,990
Median annual property tax
$5,577
Mean commute to work
22 min
Households with broadband internet
77.0%

Employment & development

Total county employment
112,682
Average weekly wage
$1,101
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
248

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents