Home prices
The price of the median home in Cherry is $78,500. Compared to its nearby areas this is about $25,180 (24%) lower.Compared to the entire nation it is approximately $139,000 (63%) lower, and compared to the city of Rockford it is roughly $13,100 (14%) lower.
Rents
The median rent in Cherry is $777 per month. Compared to other places in this area this is roughly $36 (4%) lower.It is about $285 (26%) lower in comparison to the rest of the country, and is is very similar in comparison to the city of Rockford.
Nearby places
Ladd
Ladd is about 3 miles south of Cherry. Real estate prices there are a bit more expensive. The median home price in Ladd is $103,000, which is $24,500 (23%) higher than Cherry. Its rents are similar. Ladd's median rent is $757 a month, which works out to $20 (2%) lower than Cherry.
Arlington
Arlington is about 3 miles northwest from Cherry. Its housing prices are somewhat more expensive. The value of the median home in Arlington is $86,700, which comes out to $8,200 (9%) higher than Cherry. Rent there is significantly more expensive. The median monthly rent in Arlington is $1,188, which comes out to $411 (34%) higher than Cherry.
Seatonville
Seatonville is about 5 miles southwest from Cherry. Housing prices there are somewhat more expensive. The median home in Seatonville is valued at $87,100, which works out to $8,600 (9%) higher than Cherry. Rent there is fairly similar. Seatonville's median monthly rent is $763, which comes out to $14 (1%) lower than Cherry.
Dalzell
Dalzell is about 5 miles south of Cherry. Its housing prices are significantly more expensive. The price of the median home in Dalzell is $128,400, which works out to $49,900 (38%) higher than Cherry. Rent there is similar. In Dalzell the median monthly rent is $808, which is $31 (3%) higher than Cherry.
Spring Valley
Spring Valley is about 6 miles south from Cherry. Real estate prices there are a little more expensive. Spring Valley's median home value is $113,200, which is $34,700 (30%) higher than Cherry. The rent there is substantially less expensive. In Spring Valley the median monthly rent is $547, which comes out to $230 (42%) lower than Cherry.