Zip 61317 (Cherry, IL) Housing

The median value of housing in Cherry, IL (zip code 61317) is $97,200. This is significantly lower than the national median house value of $338,100. The national 1 year house appreciation rate is 8.27%, while the 1 year house appreciation rate for the area around Cherry, IL is 6.44%. This indicates that home values are increasing at a slower rate in this region than across the United States as a whole.

The median home cost in Cherry (zip 61317) is $97,200. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Cherry (zip 61317) is up 8.8%.

Average Age of Homes

- The median age of Cherry (zip 61317) real estate is 78 years old

The Rental Market in Cherry (zip 61317)

- Renters make up 20.2% of the Cherry (zip 61317) population
- 0.0% of houses and apartments in Cherry (zip 61317), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cherry, Illinois	United States
	237.0	139,647,020.0
	73	42
	$97,200	$338,100
	8.8%	16.6%
	32.6%	57.0%
	36.1%	101.1%
	$22.17	$10.98
	$2,122	$2,690
	73.0%	57.4%
	8.0%	11.2%
	19.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	8.0%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	1.7%	2.4%
	25.4%	2.8%
	11.6%	3.9%
	18.5%	4.5%
	26.0%	11.3%
	5.8%	13.0%
	4.0%	20.1%
	1.2%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.5%	13.6%
	5.5%	13.6%
	6.3%	13.6%
	6.3%	13.2%
	5.9%	14.8%
	6.3%	13.6%
	14.8%	10.0%
	9.7%	4.7%
	41.8%	12.2%

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