Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $93,900
    6% ( $4,900 ) vs Feb 2015
  • Median Sales Price
    $80,000
    16% ( $15,000 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $50,000
    32% ( $12,210 ) vs Feb 2015
  • Foreclosures 448
    Homes for Sale 213
    Recently Sold 622

Market Summary

There are currently 448 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 213.

In March, the number of properties that received a foreclosure filing in Machesney Park, IL was 39% higher than the previous month and 52% lower than the same time last year.

Home sales for February 2016 were up 60% compared with the previous month, and up 60% compared with a year ago. The median sales price of a non-distressed home was $80,000. The median sales price of a foreclosure home was $50,000, or 38% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$50,000 (Median Foreclosure Sales Price) $37,790 (Median Foreclosure Sales Price) $36,500 (Median Foreclosure Sales Price) $29,000 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $80,000 (Median Sales Price) $95,000 (Median Sales Price) $114,900 (Median Sales Price) $119,285 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $50,000 (Median Foreclosure Sales Price) $37,790 (Median Foreclosure Sales Price) $36,500 (Median Foreclosure Sales Price) $29,000 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $34,256 (Median Foreclosure Sales Price) $80,000 (Median Sales Price) $95,000 (Median Sales Price) $114,900 (Median Sales Price) $119,285 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
193
33.1
% (y-o-y)
$72,500
26.4
% (y-o-y)
51.7%
23.4
% (y-o-y)
Roscoe
24
50.0
% (y-o-y)
$173,500
9.5
% (y-o-y)
47.1%
43.2
% (y-o-y)
Loves Park
22
8.3
% (y-o-y)
$86,450
15.3
% (y-o-y)
53.8%
18.7
% (y-o-y)
Rockton
17
70.0
% (y-o-y)
$114,950
24.4
% (y-o-y)
6.4%
0.0
% (y-o-y)
South Beloit
14
12.5
% (y-o-y)
$109,000
9.0
% (y-o-y)
22.7%
0.0
% (y-o-y)
Winnebago
6
20.0
% (y-o-y)
$144,500
13.7
% (y-o-y)
23.9%
0.0
% (y-o-y)
Cherry Valley
6
100.0
% (y-o-y)
$147,950
2.7
% (y-o-y)
36.7%
0.0
% (y-o-y)
Monroe Center
2
0.0
% (y-o-y)
Data not available
Data not available
Pecatonica
2
0.0
% (y-o-y)
$99,750
26.2
% (y-o-y)
Data not available
Davis Junction
1
83.3
% (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: 7.70%
Percentage of vacant homes: 5.25%

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