Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $104,900
    18% ( $16,100 ) vs Apr 2014
  • Median Sales Price
    $76,600
    4% ( $3,400 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $35,950
    9% ( $3,050 ) vs Apr 2014
  • Foreclosures 465
    Homes for Sale 292
    Recently Sold 339

Market Summary

There are currently 465 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 292.

In May, the number of properties that received a foreclosure filing in Machesney Park, IL was 18% higher than the previous month and 31% lower than the same time last year.

Home sales for April 2015 were up 233% compared with the previous month, and down 55% compared with a year ago. The median sales price of a non-distressed home was $76,600. The median sales price of a foreclosure home was $35,950, or 53% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$35,950 (Median Foreclosure 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) $76,600 (Median 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) $35,950 (Median Foreclosure 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) $76,600 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
139
44.6
% (y-o-y)
$64,000
10.3
% (y-o-y)
35.9%
53.4
% (y-o-y)
Loves Park
12
50.0
% (y-o-y)
$67,500
14.6
% (y-o-y)
3.4%
49.4
% (y-o-y)
Roscoe
9
71.0
% (y-o-y)
$148,050
1.1
% (y-o-y)
54.4%
33.3
% (y-o-y)
South Beloit
9
35.7
% (y-o-y)
$119,000
3.3
% (y-o-y)
Data not available
Rockton
6
62.5
% (y-o-y)
$145,000
17.9
% (y-o-y)
Data not available
Cherry Valley
5
16.7
% (y-o-y)
$107,500
2.4
% (y-o-y)
Data not available
Davis Junction
4
0.0
% (y-o-y)
$173,091
2.4
% (y-o-y)
Data not available
Winnebago
4
60.0
% (y-o-y)
$105,000
8.7
% (y-o-y)
Data not available
Monroe Center
2
100.0
% (y-o-y)
Data not available
Data not available
Pecatonica
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: 5.90%
Percentage of vacant homes: 5.25%