Is Cherry, IL 61317 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Cherry is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.6%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$153▼ −10.8% vs. last year

Nearby markets

Arlington 61312Buyer’s market $136 /sq ftBuda 61314Buyer’s market $87 /sq ftDalzell 61320Seller’s market $187 /sq ftDepue 61322 — /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology