Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $82,000
    18% ( $17,900 ) vs Jan 2014
  • Median Sales Price
    $82,500
    2% ( $2,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $33,500
    21% ( $8,665 ) vs Jan 2014
  • Foreclosures 531
    Homes for Sale 229
    Recently Sold 545

Market Summary

There are currently 531 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 229.

In February, the number of properties that received a foreclosure filing in Machesney Park, IL was 35% lower than the previous month and 31% lower than the same time last year.

Home sales for January 2015 were down 33% compared with the previous month, and up 27% compared with a year ago. The median sales price of a non-distressed home was $82,500. The median sales price of a foreclosure home was $33,500, or 59% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$33,500 (Median Foreclosure 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) $82,500 (Median Sales Price) $84,500 (Median Sales Price) $80,000 (Median Sales Price) $77,500 (Median Sales Price) $81,250 (Median Sales Price) $89,900 (Median Sales Price) $33,500 (Median Foreclosure 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) $82,500 (Median Sales Price) $84,500 (Median Sales Price) $80,000 (Median Sales Price) $77,500 (Median Sales Price) $81,250 (Median Sales Price) $89,900 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
189
3.8
% (y-o-y)
$62,100
8.7
% (y-o-y)
22.7%
48.5
% (y-o-y)
Roscoe
13
0.0
% (y-o-y)
$165,050
17.9
% (y-o-y)
29.8%
14.6
% (y-o-y)
Loves Park
12
67.6
% (y-o-y)
$77,500
6.9
% (y-o-y)
29.0%
32.4
% (y-o-y)
Rockton
8
14.3
% (y-o-y)
$140,500
6.8
% (y-o-y)
Data not available
South Beloit
7
30.0
% (y-o-y)
$110,500
6.9
% (y-o-y)
Data not available
Cherry Valley
5
16.7
% (y-o-y)
$156,000
1.6
% (y-o-y)
Data not available
Pecatonica
4
0.0
% (y-o-y)
$132,750
68.0
% (y-o-y)
Data not available
Davis Junction
3
0.0
% (y-o-y)
$113,500
5.4
% (y-o-y)
Data not available
Durand
2
60.0
% (y-o-y)
$155,250
6.0
% (y-o-y)
Data not available
Winnebago
2
50.0
% (y-o-y)
$123,000
14.4
% (y-o-y)
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%