Cherry, IL 61312 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cherry, IL—61312

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

N/A

Household Income

$86,200

13.9% YoY Growth

Days on Market

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Cherry, IL

Cherry, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Cherry, IL

Cherry, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

10.0%

2 Bedrooms

23.3%

3 Bedrooms

20.0%

4 Bedrooms

36.7%

5+ Bedrooms

10.0%

Property Listings — Cherry, IL

Cherry, IL lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

Loading chart...

Demographics — Cherry, IL

As of the latest ACS Survey released in 2023, Cherry, IL has a population of 371, which has decreased by -27.4% over the past 5 years. Cherry, IL is a less popular place for families, as children make up 13.7% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	371	-27.4%
% Under 18	13.7%	-38.0%
% Seniors	21.8%	18.5%
% WFH	14.7%	133.3%
% w/ College Degree	17.9%	-0.6%

Loading chart...

As of the latest ACS Survey released in 2023, Cherry, IL is a predominantly white area, with 93.8% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Cherry, IL is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.5% of the population in Cherry, IL, and this percentage has increased by 25.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.8%	0.9%
% Black	0.0%	-100.0%
% Hispanic	1.6%	-68.6%
% Asian	0.0%	N/A
% Foreign Born	0.5%	25.0%

Loading chart...

Mortgage and Risk — Cherry, IL

Cherry, IL lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

Loading chart...

Rentals and Section 8 — Cherry, IL

Cherry, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,040
2 Bedroom	N/A	N/A	$1,360
3 Bedroom	N/A	N/A	$1,680
4 Bedroom	N/A	N/A	$1,990

Cherry, IL—61312

Key Metrics at a Glance

Home Price Trends — Cherry, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cherry, IL

% of Rental Stock

Property Listings — Cherry, IL

Demographics — Cherry, IL

Race and Ethnicity

Mortgage and Risk — Cherry, IL

Mortgages

Rentals and Section 8 — Cherry, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Cherry, IL

Home Price to Income Ratio

Cherry, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Cherry

Spring Valley, IL

Spring Valley, IL

Seatonville

Zearing, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$86,200

Cherry, IL—61312

Key Metrics at a Glance

Home Price Trends — Cherry, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cherry, IL

% of Rental Stock

Property Listings — Cherry, IL

Demographics — Cherry, IL

Race and Ethnicity

Mortgage and Risk — Cherry, IL

Mortgages

Rentals and Section 8 — Cherry, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Cherry, IL

Home Price to Income Ratio

Cherry, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Cherry

Spring Valley, IL

Spring Valley, IL

Seatonville

Zearing, IL

Frequently Asked Questions

What is the average home price in Cherry, IL 61312?

How have home prices in Cherry, IL 61312 changed over the past year?

What is the home price projection for Cherry, IL 61312?

What are the demographics of Cherry, IL 61312?

How long does it take homes to sell in Cherry, IL 61312?

What is the average rent price in Cherry, IL 61312?