Cherry, IL, Real Estate
Cherry, Illinois, a small village in Bureau County with a population of 435 as of the 2020 census, is a quiet, rural community steeped in historical significance. Located northwest of LaSalle-Peru and just north of Interstate 80, Cherry was founded as a coal mining site in 1905, named after James Cherry, the superintendent of the St. Paul Mining Company. Cherry maintains a quaint, small-town charm, with the Cherry Mine Disaster Memorial serving as a poignant reminder of its past, attracting visitors interested in industrial history and labor rights. The village’s serene landscapes and tight-knit community spirit offer a peaceful retreat, reflecting the resilience and heritage of this Midwestern town
Cherry currently has 4 single family homes for sale with an average list price of $194,600. The average annual property tax for Cherry is $2,360.60.
Browse Cherry
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Cherry, i.e. what's hot and what's not.
See What's Hot & What's Not in Cherry
Market Trends
Cherry home sales for the month of July stayed the same in volume when compared to last year, while the median sale price stayed the same.
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9
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5
|
4
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2
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
|
$118,000
|
$108,500
|
$101,000
|
$70,250
|
| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Cherry
Number of Sales for Cherry
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