Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $87,600
    8% ( $6,650 ) vs Mar 2014
  • Median Sales Price
    $80,000
    2% ( $2,000 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $32,900
    22% ( $9,100 ) vs Mar 2014
  • Foreclosures 500
    Homes for Sale 253
    Recently Sold 450

Market Summary

There are currently 500 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 253.

In April, the number of properties that received a foreclosure filing in Machesney Park, IL was 67% lower than the previous month and 32% lower than the same time last year.

Home sales for March 2015 were down 70% compared with the previous month, and down 83% 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 $32,900, or 59% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$32,900 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure 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) $80,000 (Median Sales Price) $82,000 (Median Sales Price) $82,500 (Median Sales Price) $84,500 (Median Sales Price) $80,000 (Median Sales Price) $77,500 (Median Sales Price) $32,900 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure 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) $80,000 (Median Sales Price) $82,000 (Median Sales Price) $82,500 (Median Sales Price) $84,500 (Median Sales Price) $80,000 (Median Sales Price) $77,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
133
45.3
% (y-o-y)
$55,600
1.6
% (y-o-y)
18.1%
48.4
% (y-o-y)
Loves Park
10
80.4
% (y-o-y)
$65,000
12.2
% (y-o-y)
Data not available
Roscoe
6
70.0
% (y-o-y)
$147,500
0.5
% (y-o-y)
59.3%
31.9
% (y-o-y)
Winnebago
6
0.0
% (y-o-y)
$105,250
29.1
% (y-o-y)
Data not available
South Beloit
5
64.3
% (y-o-y)
$104,000
15.4
% (y-o-y)
Data not available
Rockton
3
93.2
% (y-o-y)
$126,900
10.0
% (y-o-y)
Data not available
Davis Junction
3
40.0
% (y-o-y)
$165,100
2.3
% (y-o-y)
Data not available
Durand
1
85.7
% (y-o-y)
Data not available
Data not available
Belvidere
1
0.0
% (y-o-y)
Data not available
Data not available
Cherry Valley
1
75.0
% (y-o-y)
$144,000
60.0
% (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: 6.80%
Percentage of vacant homes: 5.25%