Zip lookup · IL

61016
Cherry Valley, Illinois.

Cherry Valley, Winnebago County, IL · Rockford, IL metro · population 5,465

What it costs per month · 61016 $1,548/mo

to buy the typical home at today's mortgage rate — +$939 (+154%) since Jan 2020.

What the home itself did
1 year
Up $23,744 +9%
$271,252$294,996 since Sep 2025
5 years
Up $95,096 +48%
$199,900$294,996 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 61016 $1,548 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 61016$1,548
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 9 years.

Typical home values in zip 61016 rose 8.8% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Winnebago County, IL 57% · Boone County, IL 43%

Zillow also publishes an index for the city itself: Cherry Valley, IL — measured over the city limits, which is a different area from this zip.

Typical home value $294,996 as of Sep 2026
+8.8%year on year

Typical home value — 61016

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 61016 $294,996 Rockford $222,178 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 61016$294,996
  • Rockford$222,178
  • United States$366,157

Within 20 miles

Showing 30 of 34 zips in range — sorting picks from all 34.

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
4.9 61108 Rockford 30,355 $1,489 $192,832
5.5 61109 Rockford 26,768 $1,199 $195,922
6.4 61008 Belvidere 33,582 — $264,386
6.5 61052 Monroe Center 1,145 — $271,700
6.6 61107 Rockford 30,765 $1,438 $225,716
7.5 60146 Kirkland 2,369 — $278,455
7.7 61104 Rockford 17,222 $1,112 $114,007
8.0 61114 Rockford 15,325 $1,075 $271,549
9.8 61020 Davis Junction 3,149 — $291,696
9.9 61111 Loves Park 23,286 $1,579 $206,351
10.9 61102 Rockford 15,937 — $121,981
11.0 61049 Lindenwood 579 — $261,069
11.3 60145 Kingston 2,464 — $320,636
11.7 61038 Garden Prairie 1,274 — $331,016
12.2 61115 Machesney Park 22,364 $1,610 $209,503
12.3 61103 Rockford 22,869 $1,221 $152,248
13.4 61011 Caledonia 2,676 — $380,609
13.5 61084 Stillman Valley 3,201 — $294,711
14.1 61101 Rockford 19,318 $1,192 $114,743
14.4 60111 Clare 257 — $415,905
14.9 60135 Genoa 7,274 — $310,727
15.8 61065 Poplar Grove 10,570 — $278,702
15.8 61073 Roscoe 20,194 $1,646 $315,798
16.5 61088 Winnebago 6,167 — $283,205
16.7 60152 Marengo 12,417 — $365,674
17.0 61010 Byron 7,497 — $285,149
17.5 61012 Capron 2,264 — $272,872
18.2 61068 Rochelle 14,788 $938 $216,832
18.4 60113 Creston 306 — $227,222
19.1 61015 Chana 901 — $267,402

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.