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Tuesday, November 26, 2024

Cherry Valley (Winnebago County) home prices rise in April 2019

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The median sale price of a home sold in April 2019 in Cherry Valley in Winnebago County rose by $5,000 while total sales decreased by 64.3%, according to BlockShopper.com.

In April 2019, there were five homes sold, with a median sale price of $120,000 - a 4.3% increase over the $115,000 median sale price for the same period of the previous year. There were 14 homes sold in Cherry Valley in April 2018.

The median sales tax in Cherry Valley for the most recent year with available data, 2017, was $3,960, approximately 3.3% of the median home sale price for April 2019.

The following table compares Cherry Valley to other Winnebago County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Winnebago15-80%$213,000$150,00042%
Roscoe1031-67.7%$164,500$150,0009.7%
New Millford10-$162,500$0-
South Beloit36-50%$145,500$74,59095.1%
Lake Summerset330%$134,000$210,000-36.2%
Rockton620-70%$131,500$143,000-8%
Owen21100%$127,750$118,0008.3%
Cherry Valley514-64.3%$120,000$115,0004.3%
Loves Park617-64.7%$96,950$90,0007.7%
Machesney Park1729-41.4%$96,500$122,900-21.5%
Rockford71242-70.7%$67,000$82,750-19%
* This story only considers sales data for the part of Cherry Valley that is in Winnebago County.

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