From April to June, 48 homes sold in Cherry Valley for a median price of $139,750. That's 1.5 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 4 homes in Cherry Valley were in foreclosure.
Median property tax for homeowners in Cherry Valley was $0 in 2018 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Cherry Valley real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
39
$171,990
-
2010
42
$151,563
-11.9%
2011
17
$97,180
-35.9%
2012
30
$122,080
25.6%
2013
40
$121,500
-0.5%
2014
49
$147,340
21.3%
2015
44
$128,790
-12.6%
2016
54
$113,663
-11.7%
2017
65
$137,700
21.1%
2018
48
$139,750
1.5%
Median property tax
Median sale price
Effective property tax rate
2009
$4,980.73
$171,990
2.9%
2010
$4,618.82
$151,563
3%
2011
$4,095.30
$97,180
4.2%
2012
$4,108.78
$122,080
3.4%
2013
$4,247.41
$121,500
3.5%
2014
$4,666.58
$147,340
3.2%
2015
$4,068.34
$128,790
3.2%
2016
$4,344.11
$113,663
3.8%
2017
$4,495.89
$137,700
3.3%
2018
$0
$139,750
0%
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