From July to September, 44 homes sold in Cherry Valley for a median price of $143,500. That's 4.6 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 9 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
45
$166,725
-
2010
32
$148,200
-11.1%
2011
32
$165,545
11.7%
2012
37
$147,150
-11.1%
2013
51
$149,584
1.7%
2014
47
$129,214
-13.6%
2015
51
$136,740
5.8%
2016
71
$147,000
7.5%
2017
64
$137,190
-6.7%
2018
44
$143,500
4.6%
Median property tax
Median sale price
Effective property tax rate
2009
$4,568.87
$166,725
2.7%
2010
$4,182.52
$148,200
2.8%
2011
$4,696.66
$165,545
2.8%
2012
$4,570.32
$147,150
3.1%
2013
$5,127.25
$149,584
3.4%
2014
$3,848.37
$129,214
3%
2015
$3,982.39
$136,740
2.9%
2016
$4,901.75
$147,000
3.3%
2017
$4,105.66
$137,190
3%
2018
$0
$143,500
0%
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