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Wednesday, November 27, 2024

Cherry Valley (Winnebago County) home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Cherry Valley in Winnebago County fell by $30,520 while total sales decreased by 25%, according to BlockShopper.com.

In November 2018, there were nine homes sold, with a median sale price of $128,730 - a 19.2% decrease over the $159,250 median sale price for the same period of the previous year. There were 12 homes sold in Cherry Valley in November 2017.

The median sales tax in Cherry Valley for the most recent year with available data, 2017, was $3,960, approximately 3.1% of the median home sale price for November 2018.

The following table compares Cherry Valley to other Winnebago County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Roscoe1322-40.9%$182,500$189,000-3.4%
Lake Summerset31200%$177,900$93,00091.3%
Winnebago23-33.3%$163,200$158,0003.3%
Pecatonica330%$150,000$172,303-12.9%
Rockton712-41.7%$149,900$130,45014.9%
South Beloit550%$140,000$74,90086.9%
Cherry Valley912-25%$128,730$159,250-19.2%
Machesney Park1330-56.7%$127,000$81,25056.3%
Durand3250%$95,000$134,750-29.5%
Loves Park1429-51.7%$87,500$91,500-4.4%
Rockford115220-47.7%$85,000$70,50020.6%
* This story only considers sales data for the part of Cherry Valley that is in Winnebago County.

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