Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $99,900
    11% ( $10,000 ) vs Dec 2013
  • Median Sales Price
    $78,000
    1% ( $500 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $42,165
    4% ( $1,885 ) vs Dec 2013
  • Foreclosures 534
    Homes for Sale 226
    Recently Sold 651

Market Summary

There are currently 534 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 226.

In January, the number of properties that received a foreclosure filing in Machesney Park, IL was 41% higher than the previous month and 19% higher than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $78,000. The median sales price of a foreclosure home was $42,165, or 46% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$42,165 (Median Foreclosure Sales Price) $44,050 (Median Foreclosure Sales Price) $41,230 (Median Foreclosure Sales Price) $50,639 (Median Foreclosure Sales Price) $41,200 (Median Foreclosure Sales Price) $64,500 (Median Foreclosure Sales Price) $78,000 (Median Sales Price) $77,500 (Median Sales Price) $77,500 (Median Sales Price) $81,250 (Median Sales Price) $89,900 (Median Sales Price) $95,000 (Median Sales Price) $42,165 (Median Foreclosure Sales Price) $44,050 (Median Foreclosure Sales Price) $41,230 (Median Foreclosure Sales Price) $50,639 (Median Foreclosure Sales Price) $41,200 (Median Foreclosure Sales Price) $64,500 (Median Foreclosure Sales Price) $78,000 (Median Sales Price) $77,500 (Median Sales Price) $77,500 (Median Sales Price) $81,250 (Median Sales Price) $89,900 (Median Sales Price) $95,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
34
88.9
% (y-o-y)
$70,000
0.0
% (y-o-y)
37.1%
45.9
% (y-o-y)
Roscoe
4
81.8
% (y-o-y)
$183,000
28.0
% (y-o-y)
36.7%
30.0
% (y-o-y)
Loves Park
3
92.9
% (y-o-y)
$83,000
3.1
% (y-o-y)
50.7%
39.8
% (y-o-y)
South Beloit
2
81.8
% (y-o-y)
$105,000
8.7
% (y-o-y)
Data not available
Rockton
2
90.0
% (y-o-y)
$158,000
6.4
% (y-o-y)
80.7%
36.8
% (y-o-y)
Winnebago
1
83.3
% (y-o-y)
$137,500
3.5
% (y-o-y)
Data not available
Pecatonica
1
80.0
% (y-o-y)
$135,000
80.0
% (y-o-y)
Data not available
Caledonia
1
66.7
% (y-o-y)
Data not available
Data not available
Cherry Valley
1
66.7
% (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: 83.38     Rating: B View crime details
Schools: 6    Average School Rating: D+ View individual school rating
Household Median Income: $54,422
Unemployment: 8.20%
Percentage of vacant homes: 5.25%