Housing & Real Estate — Cherry Valley, Illinois

Overview

Total Housing Units1,339
Occupied1,293
Vacant46
Owner-Occupied1,055
Renter-Occupied238
Median Home Value (Census)$232,800
Estimated 2026~$259,000
Median Rent$871/mo
Median Property Tax$5,640/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income14.0%
Severely Rent-Burdened32.8%

Housing Age

Built 2010 or later98
Built 2000-2009519
Built 1990-1999513
Built before 1960231
Median Year Built1996
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.