From October to December, 25 homes sold in Cherry Valley for a median price of $128,000. That's 8.4 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 1 home in Cherry Valley was 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
39
$157,950
-
2010
31
$148,770
-5.8%
2011
16
$146,844
-1.3%
2012
27
$109,000
-25.8%
2013
42
$124,200
13.9%
2014
33
$119,780
-3.6%
2015
42
$115,540
-3.5%
2016
40
$121,853
5.5%
2017
57
$139,740
14.7%
2018
25
$128,000
-8.4%
Median property tax
Median sale price
Effective property tax rate
2009
$4,341.77
$157,950
2.7%
2010
$3,895.38
$148,770
2.6%
2011
$4,586.71
$146,844
3.1%
2012
$4,595.53
$109,000
4.2%
2013
$4,225.96
$124,200
3.4%
2014
$4,240.12
$119,780
3.5%
2015
$4,430.23
$115,540
3.8%
2016
$4,074.05
$121,853
3.3%
2017
$4,415.82
$139,740
3.2%
2018
$0
$128,000
0%
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