In January 2022, there were five homes sold, with a median sale price of $150,500 - a 14% decrease over the $174,950 median sale price for the same period of the previous year. There were 16 homes sold in Cherry Valley in January 2021.
The median sales tax in Cherry Valley for the most recent year with available data, 2019, was $3,946, approximately 2.6% of the median home sale price for January 2022.
The following table compares Cherry Valley to other Winnebago County cities with similar median sale prices in January 2022:
| City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Roscoe | 11 | 12 | -8.3% | $225,000 | $266,250 | -15.5% |
| Lake Summerset | 1 | 2 | -50% | $186,500 | $235,500 | -20.8% |
| South Beloit | 6 | 7 | -14.3% | $179,750 | $80,000 | 124.7% |
| Rockton | 6 | 8 | -25% | $179,000 | $178,500 | 0.3% |
| Owen | 1 | 2 | -50% | $170,000 | $123,500 | 37.7% |
| Cherry Valley | 5 | 16 | -68.8% | $150,500 | $174,950 | -14% |
| Winnebago | 5 | 3 | 66.7% | $145,000 | $191,000 | -24.1% |
| Pecatonica | 4 | 4 | 0% | $132,000 | $255,000 | -48.2% |
| Machesney Park | 33 | 24 | 37.5% | $125,000 | $135,000 | -7.4% |
| Loves Park | 25 | 19 | 31.6% | $124,000 | $113,500 | 9.3% |
| Rockford | 193 | 217 | -11.1% | $105,000 | $77,000 | 36.4% |
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