Cherry Valley, IL Real Estate
According to census data in the year 2000 there were 920 housing units in Cherry Valley.
This represents a 40.7% growth from 654 in 1990.
Of those housing units, 885 were located in either urbanized areas or urban clusters, and 35 were located in what is classified as a rural area.
Homeownership rate in Cherry Valley is about 76.8%.
Cherry Valley's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Cherry Valley were built after 1983.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.85|
|Median year structure was built||1989|
|Median Value of occupied units||$134,200|
|Median Price asked for vacant units||$112,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.52|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$483|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||18.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|