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Cherry Valley, 61016 Market Trends

Today, December 5, 2009

Median Sales Price in 61016

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1 yr 5 yr Max
61016, Cherry Valley median sales prices
Number of sold homes in 61016, Cherry Valley
LocationAug - Oct '09y-o-y3 months prior1 year prior5 years prior
61016$127,250-23.5%$200,750$166,250$157,000
Cherry Valley$127,250-23.5%$200,750$166,250$157,000
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Cherry Valley, 61016 Summary

The median sales price for homes in ZIP code 61016 for Aug 09 to Oct 09 was $127,250. This represents a decline of 36.6%, or $73,500, compared to the prior quarter and a decrease of 23.5% compared to the prior year. Sales prices have depreciated 18.9% over the last 5 years in 61016, Cherry Valley.

Average listing price for homes on Trulia in ZIP code 61016 was $189,292 for the week ending Nov 25, which represents an increase of 0.6%, or $1,212 compared to the prior week and an increase of 2.1%, or $3,880, compared to the week ending Nov 04. Average price per square foot for homes in 61016 was $106 in the most recent quarter.

 

Average Listing Price in 61016

Embed Info
1 yr 5 yr Max
61016, Cherry Valley average property price
61016, Cherry Valley – number of properties
LocationWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
61016$189,292+0.6%$188,080$187,186$185,412
Cherry Valley$189,292+0.6%$188,080$187,186$185,412
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Average Price Per Sqft for Homes in 61016

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1 yr 5 yr Max
61016, Cherry Valley average price per square foot
LocationAug - Oct '09y-o-y3 months prior1 year prior5 years prior
61016$106+34.2%$75$79-
Cherry Valley$106+34.2%$75$79-
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Popular Zips in Cherry Valley

Zips Week ending
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
61016 1 — 1 1
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Homes for Sale in 61016

3479 Valley Woods Drive, Cherry Valley IL
3479 Valley…
$179,900
3 br  2 ½ ba
7467 Brookes Way Lane, Cherry Valley IL
7467 Brook…
$219,900
3 br  2 full 2 partial ba
7122 Wheatland Terrace, Cherry Valley IL
7122 Wheat…
$140,000
3 br  3 ba
3774 Gnarl Tree Lane, Cherry Valley IL
3774 Gnarl…
$163,000
3 br  2 ba
3464 Valley Woods Drive, Cherry Valley IL
3464 Valley…
$213,900
4 br  2 ½ ba
7395 Farmhome Lane, Cherry Valley IL
7395 Farmh…
$165,000
3 br  2 ba
View all 61016 Homes for Sale
 
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61016, Cherry Valley

Real Estate Overview

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Cherry Valley

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Nearby Cities

Cities
Median
sales price
Average
listing price
Belvidere
$129,000
$192,791
Kirkland
$194,500
$161,890
Monroe Center
$42,000
$193,767
Loves Park
$95,000
$167,361
Machesney Park
$101,315
$137,541
Davis Junction
$64,000
$176,720
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Recent Q&A in Cherry Valley, IL

Q: Tell me why you need a agent instead fsbo what are the benefits of a fsbo 4 answers
Q: Im looking for a listing of the homes on Grove Street in Cherry Valley, IL 3 answers
Q: Am thinking about sending my 4 year old son to Rockford Christian schools. Just wondering how much the yearly cost is? Thank you! Be the first to answer
Q: Based on the current market conditions in Rockford, is offering 8-10% below the asking price unrealistic or 6 answers
Q: I live in Missouri and I am looking to buy a home in Rockford, IL. Is there a area should I stay away from? 8 answers

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Nearby Cities Real Estate

  • Belvidere Real Estate
  • Kirkland Real Estate
  • Monroe Center Real Estate
  • Loves Park Real Estate
  • Machesney Park Real Estate
  • Davis Junction Real Estate

Nearby Cities Sold Homes

  • Belvidere Sold Homes
  • Kirkland Sold Homes
  • Monroe Center Sold Homes
  • Loves Park Sold Homes
  • Machesney Park Sold Homes
  • Davis Junction Sold Homes

Nearby Cities Home Prices

  • Belvidere Home Prices
  • Kirkland Home Prices
  • Monroe Center Home Prices
  • Loves Park Home Prices
  • Machesney Park Home Prices
  • Davis Junction Home Prices

61016 Stats & Trends

  • 61016 Real Estate Overview
  • Cherry Valley Schools
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  • Cherry Valley Home Prices
  • 61016 Real Estate
  • 61016 Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Cherry Valley real estate market. Find Cherry Valley properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Cherry Valley average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Cherry Valley housing statistics are available for each Cherry Valley, IL neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.