Thorne Ledge
Data as of June 2026. Source: Realtor.com.
The CHERRY VALLEY, IL real estate market (61016) currently shows 10 active listings, with 7 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 34 days on market compared to 37 days last year.
The median listing price has fallen 0% year-over-year, from $349,950 to $349,900.
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 June 2026, there are 10 active listings in CHERRY VALLEY, IL (zip code 61016), compared to 14 the prior year.
The median listing price in CHERRY VALLEY, IL 61016 is $349,900 as of June 2026, a 0% increase from $349,950 the prior year.
Homes in CHERRY VALLEY, IL 61016 spend an average of 34 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of June 2026, CHERRY VALLEY, IL 61016 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in CHERRY VALLEY, IL 61016 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. 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.