Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $107,700
    2% ( $2,200 ) vs Jun 2014
  • Median Sales Price
    $83,000
    12% ( $8,875 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $48,000
    34% ( $12,050 ) vs Jun 2014
  • Foreclosures 494
    Homes for Sale 310
    Recently Sold 213

Market Summary

There are currently 494 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 310.

In July, the number of properties that received a foreclosure filing in Machesney Park, IL was 10% lower than the previous month and 32% lower than the same time last year.

Home sales for June 2015 were up 6% compared with the previous month, and up 29% compared with a year ago. The median sales price of a non-distressed home was $83,000. The median sales price of a foreclosure home was $48,000, or 42% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$48,000 (Median Foreclosure Sales Price) $35,950 (Median Foreclosure Sales Price) $35,950 (Median Foreclosure Sales Price) $32,900 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure Sales Price) $33,500 (Median Foreclosure Sales Price) $83,000 (Median Sales Price) $74,125 (Median Sales Price) $76,600 (Median Sales Price) $80,000 (Median Sales Price) $82,000 (Median Sales Price) $82,500 (Median Sales Price) $48,000 (Median Foreclosure Sales Price) $35,950 (Median Foreclosure Sales Price) $35,950 (Median Foreclosure Sales Price) $32,900 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure Sales Price) $33,500 (Median Foreclosure Sales Price) $83,000 (Median Sales Price) $74,125 (Median Sales Price) $76,600 (Median Sales Price) $80,000 (Median Sales Price) $82,000 (Median Sales Price) $82,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
190
37.3
% (y-o-y)
$72,000
21.1
% (y-o-y)
47.8%
49.5
% (y-o-y)
Loves Park
25
21.9
% (y-o-y)
$95,250
9.8
% (y-o-y)
31.2%
43.5
% (y-o-y)
Roscoe
21
10.5
% (y-o-y)
$168,500
9.2
% (y-o-y)
30.6%
17.0
% (y-o-y)
South Beloit
12
100.0
% (y-o-y)
$121,000
22.6
% (y-o-y)
Data not available
Rockton
12
0.0
% (y-o-y)
$170,000
47.8
% (y-o-y)
Data not available
Winnebago
7
12.5
% (y-o-y)
$152,500
1.3
% (y-o-y)
Data not available
Pecatonica
3
62.5
% (y-o-y)
$87,000
9.1
% (y-o-y)
Data not available
Cherry Valley
3
66.7
% (y-o-y)
$109,500
24.5
% (y-o-y)
Data not available
Durand
2
0.0
% (y-o-y)
$20,000
66.7
% (y-o-y)
Data not available
Caledonia
2
100.0
% (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: 83.38     Rating: B View crime details
Schools: 6    Average School Rating: D+ View individual school rating
Household Median Income: $54,422
Unemployment: 6.20%
Percentage of vacant homes: 5.25%