Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $89,900
    9% ( $8,600 ) vs Nov 2014
  • Median Sales Price
    $119,285
    0% ( $0 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $29,000
    15% ( $5,256 ) vs Nov 2014
  • Foreclosures 450
    Homes for Sale 212
    Recently Sold 740

Market Summary

There are currently 450 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 212.

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

Home sales for November 2015 were up 0% compared with the previous month, and down 62% compared with a year ago. The median sales price of a non-distressed home was $119,285. The median sales price of a foreclosure home was $29,000, or 76% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$29,000 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $66,975 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $119,285 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $83,650 (Median Sales Price) $74,900 (Median Sales Price) $83,000 (Median Sales Price) $29,000 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $66,975 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $119,285 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $83,650 (Median Sales Price) $74,900 (Median Sales Price) $83,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
176
25.7
% (y-o-y)
$70,150
0.4
% (y-o-y)
46.9%
46.4
% (y-o-y)
Loves Park
24
0.0
% (y-o-y)
$75,500
9.0
% (y-o-y)
38.9%
38.8
% (y-o-y)
Roscoe
21
23.5
% (y-o-y)
$173,250
4.4
% (y-o-y)
18.0%
0.0
% (y-o-y)
Rockton
12
20.0
% (y-o-y)
$135,000
14.6
% (y-o-y)
Data not available
South Beloit
8
55.6
% (y-o-y)
$117,500
6.8
% (y-o-y)
60.2%
0.0
% (y-o-y)
Winnebago
5
54.5
% (y-o-y)
Data not available
Data not available
Cherry Valley
4
300.0
% (y-o-y)
Data not available
Data not available
Pecatonica
2
33.3
% (y-o-y)
Data not available
Data not available
Durand
1
80.0
% (y-o-y)
Data not available
Data not available
Shirland
1
0.0
% (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: 52.60     Rating: B+ View crime details
Schools: 6    Average School Rating: D+ View individual school rating
Household Median Income: $54,422
Unemployment: 7.00%
Percentage of vacant homes: 5.25%

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