Population: 5,185 · Density: 70.8/mi² · Median household income: $97,500
Typical home value: $218,562 · Homeownership: 88.0%
Data as of January 2026. Source: Realtor.com.
The CHERRY VALLEY, IL real estate market (61016) currently shows 10 active listings, with 6 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 72 days on market compared to 71 days last year.
The median listing price has fallen 13.9% year-over-year, from $377,400 to $325,000.
Whether you are buying or selling in CHERRY VALLEY, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61016 | Cherry Valley, IL 61016 | 0.0 mi | 10 | $2,979,500 | $325,000 | $297,950 |
| 61109 | Rockford, IL 61109 | 5.5 mi | 38 | $7,738,092 | $195,000 | $203,634 |
| 61052 | Monroe Center, IL 61052 | 6.5 mi | 3 | $1,467,000 | $489,000 | $489,000 |
| 60146 | Kirkland, IL 60146 | 7.5 mi | 7 | $2,484,300 | $319,900 | $354,900 |
| 61114 | Rockford, IL 61114 | 8.0 mi | 27 | $8,142,876 | $254,900 | $301,588 |
| 61111 | Loves Park, IL 61111 | 10.0 mi | 57 | $14,741,967 | $220,000 | $258,631 |
| 60145 | Kingston, IL 60145 | 11.3 mi | 1 | $424,000 | $424,000 | $424,000 |
| 61043 | Holcomb, IL 61043 | 12.1 mi | 1 | $229,900 | $229,900 | $229,900 |
| 61103 | Rockford, IL 61103 | 12.3 mi | 46 | $12,330,760 | $214,900 | $268,060 |
| 61084 | Stillman Valley, IL 61084 | 13.5 mi | 10 | $4,402,170 | $412,450 | $440,217 |
| 60111 | Clare, IL 60111 | 14.4 mi | 4 | $21,850,000 | $3,075,000 | $5,462,500 |
| 61065 | Poplar Grove, IL 61065 | 15.8 mi | 28 | $9,461,256 | $300,000 | $337,902 |
| 61088 | Winnebago, IL 61088 | 16.5 mi | 15 | $4,726,470 | $287,000 | $315,098 |
As of January 2026, there are 10 active listings in CHERRY VALLEY, IL (zip code 61016), compared to 10 the prior year.
The median listing price in CHERRY VALLEY, IL 61016 is $325,000 as of January 2026, a 13.9% decrease from $377,400 the prior year.
Homes in CHERRY VALLEY, IL 61016 spend an average of 72 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CHERRY VALLEY, IL 61016 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 72 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in CHERRY VALLEY, IL 61016 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.