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IL area data

Cherry valley, IL

Cherry valley, IL.

Population: 5,465 (Census ACS)

The median home value in Cherry valley, IL is $294,120 — up 8.8% over the past year. Homes sell for a median $311,000 after a median 27 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, hail, icestorm the top-rated hazards. Cost of living is 2.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$294,120

Median home value

+8.8%

1-year change

27

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$294,120
1-year appreciation
+8.8%
3-year appreciation
+24.2%
5-year appreciation
+47.4%
10-year appreciation
+102.5%
All-time peak (2026-07)
$294,120
House Price Index (state)
325.3 (+6.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$311,000
Median list price
$325,000
Median price per sqft
$143
1-year sale-price change
-4.2%
Median days on market
27 days
Homes sold (recent period)
19
For-sale inventory
11
Sale-to-list ratio
97.9%
Active listings
4
1-year forecast
+4.5%
New listings (monthly)
8

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$780/mo
1BR fair-market rent
$975/mo
2BR fair-market rent
$1,220/mo
3BR fair-market rent
$1,586/mo
4BR fair-market rent
$1,830/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, hail, iceStorm, inlandFlooding, lightning
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively High · heatWave: Relatively Moderate · iceStorm: Relatively High
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
16.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Acme Solvents Reclaiming, Inc. (Morristown Plant) (5.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
59.0°F
Average low
40.0°F
Annual precipitation
39.9 in
Annual snowfall
40.8 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
167
Days with Moderate air quality
178
Days with Unhealthy air quality
1
Highest AQI recorded (year)
242

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
5.2 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
40,208
Jobs reachable by transit (45 min)
40,346

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
79
Nearest airport
Rotstein Airport (5 mi)
Nearest major airport
Chicago Rockford International Airport (RFD) (8 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
UW HEALTH
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
EV charging stations (within 10 mi)
30
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-610 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,990
Housing built before 1970
24.5%
Housing built 2000 or later
30.5%
Median annual property tax
$5,577
Mean commute to work
22 min
Households with broadband internet
77.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
112,682
Average weekly wage
$1,101
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
248

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Cherry valleyState medianUS median
Median home value$294,120$195,432$289,727
Median sale price$311,000$212,000$325,000
Median days on market27 days48 days51 days
Median annual property tax$5,577$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Cherry valley, IL?
$294,120.
What is the median sale price in Cherry valley, IL?
$311,000.
How long do homes take to sell in Cherry valley, IL?
Median days on market: 27 days.
What is typical rent in Cherry valley, IL?
2-bedroom fair-market rent: $1,220/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Cherry valley, IL?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, hail, iceStorm, inlandFlooding, lightning.
Is Cherry valley, IL in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Cherry valley, IL?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Cherry valley, IL?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Cherry valley, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Cherry valley, IL walkable?
Walkability index: 5.2/20 (EPA Smart Location Database).
What is the air quality in Cherry valley, IL?
Moderate. Median AQI: 52. (EPA AQI).
What is the cost of living in Cherry valley, IL?
Regional Price Parity: 97.3 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Cherry valley

Selling a home in Cherry valley, IL?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents