Thorne Ledge
Data as of April 2026. Source: Realtor.com.
The CHERRY VALLEY, IL real estate market (61016) currently shows 11 active listings, with 8 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 47 days on market compared to 43 days last year.
The median listing price has fallen 8.3% year-over-year, from $374,900 to $343,675.
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.
Population: 5,185 · Density: 70.8/mi² · Median household income: $97,500
Typical home value: $218,562 · Homeownership: 88.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61016 | Cherry Valley, IL 61016 | 0.0 mi | 14 | $4,411,456 | $318,725 | $315,104 |
| 61109 | Rockford, IL 61109 | 5.5 mi | 44 | $9,192,392 | $196,225 | $208,918 |
| 61052 | Monroe Center, IL 61052 | 6.5 mi | 2 | $923,500 | $461,750 | $461,750 |
| 60146 | Kirkland, IL 60146 | 7.5 mi | 5 | $1,520,875 | $209,300 | $304,175 |
| 61114 | Rockford, IL 61114 | 8.0 mi | 29 | $8,123,625 | $261,150 | $280,125 |
| 61111 | Loves Park, IL 61111 | 10.0 mi | 55 | $14,195,555 | $227,499 | $258,101 |
| 60145 | Kingston, IL 60145 | 11.3 mi | 2 | $460,000 | $230,000 | $230,000 |
| 61043 | Holcomb, IL 61043 | 12.1 mi | 2 | $399,800 | $199,900 | $199,900 |
| 61103 | Rockford, IL 61103 | 12.3 mi | 47 | $11,102,105 | $159,975 | $236,215 |
| 61084 | Stillman Valley, IL 61084 | 13.5 mi | 7 | $4,042,556 | $602,500 | $577,508 |
| 60111 | Clare, IL 60111 | 14.4 mi | 6 | $32,100,000 | $3,250,000 | $5,350,000 |
| 61065 | Poplar Grove, IL 61065 | 15.8 mi | 38 | $14,388,054 | $356,633 | $378,633 |
| 61088 | Winnebago, IL 61088 | 16.5 mi | 15 | $4,664,505 | $263,700 | $310,967 |
As of April 2026, there are 11 active listings in CHERRY VALLEY, IL (zip code 61016), compared to 17 the prior year.
The median listing price in CHERRY VALLEY, IL 61016 is $343,675 as of April 2026, a 8.3% decrease from $374,900 the prior year.
Homes in CHERRY VALLEY, IL 61016 spend an average of 47 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of April 2026, CHERRY VALLEY, IL 61016 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in CHERRY VALLEY, IL 61016 save an estimated $6,874 compared to a typical 5% commission on the median listing price of $343,675. 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.