Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $89,900
    16% ( $17,050 ) vs Jul 2013
  • Median Sales Price
    $95,000
    12% ( $13,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $64,500
    52% ( $21,990 ) vs Jul 2013
  • Foreclosures 566
    Homes for Sale 234
    Recently Sold 773

Market Summary

There are currently 566 properties in Machesney Park, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 234.

In August, the number of properties that received a foreclosure filing in Machesney Park, IL was 14% higher than the previous month and 78% higher than the same time last year.

Home sales for July 2014 were up 21% compared with the previous month, and down 56% compared with a year ago. The median sales price of a non-distressed home was $95,000. The median sales price of a foreclosure home was $64,500, or 32% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$64,500 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $40,755 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $44,088 (Median Foreclosure Sales Price) $46,130 (Median Foreclosure Sales Price) $95,000 (Median Sales Price) $108,000 (Median Sales Price) $101,000 (Median Sales Price) $82,000 (Median Sales Price) $80,657 (Median Sales Price) $80,657 (Median Sales Price) $64,500 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $40,755 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $44,088 (Median Foreclosure Sales Price) $46,130 (Median Foreclosure Sales Price) $95,000 (Median Sales Price) $108,000 (Median Sales Price) $101,000 (Median Sales Price) $82,000 (Median Sales Price) $80,657 (Median Sales Price) $80,657 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
212
49.0
% (y-o-y)
$65,834
16.7
% (y-o-y)
49.0%
55.1
% (y-o-y)
Loves Park
26
54.4
% (y-o-y)
$95,000
13.8
% (y-o-y)
49.5%
30.0
% (y-o-y)
Roscoe
21
47.5
% (y-o-y)
$151,700
0.2
% (y-o-y)
Data not available
South Beloit
15
42.3
% (y-o-y)
$106,000
7.4
% (y-o-y)
21.2%
13.7
% (y-o-y)
Winnebago
12
20.0
% (y-o-y)
$133,950
12.5
% (y-o-y)
Data not available
Pecatonica
7
22.2
% (y-o-y)
$112,000
21.4
% (y-o-y)
Data not available
Rockton
5
64.3
% (y-o-y)
$122,000
19.7
% (y-o-y)
Data not available
Durand
4
0.0
% (y-o-y)
$66,050
50.1
% (y-o-y)
Data not available
Cherry Valley
3
66.7
% (y-o-y)
$145,000
20.0
% (y-o-y)
Data not available
Caledonia
2
71.4
% (y-o-y)
Data not available
Data not available

Local Info For Machesney Park

Population:
23,070
Cost of Living Index: 90.60
Crime Index: 109.65     Rating: B- View crime details
Schools: 6    Average School Rating: D+ View individual school rating
Household Median Income: $54,422
Unemployment: 9.50%
Percentage of vacant homes: 5.25%