Thorne Ledge
Data as of September 2026. Source: Realtor.com.
The CHERRY VALLEY, IL real estate market (61016) currently shows 16 active listings, with 14 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 39 days on market compared to 50 days last year.
The median listing price has fallen 1.8% year-over-year, from $351,150 to $344,950.
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 September 2026, there are 16 active listings in CHERRY VALLEY, IL (zip code 61016), compared to 16 the prior year.
The median listing price in CHERRY VALLEY, IL 61016 is $344,950 as of September 2026, a 1.8% decrease from $351,150 the prior year.
Homes in CHERRY VALLEY, IL 61016 spend an average of 39 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CHERRY VALLEY, IL 61016 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 39 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in CHERRY VALLEY, IL 61016 save an estimated $6,899 compared to a typical 5% commission on the median listing price of $344,950. 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.