Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $93,400
    3% ( $3,100 ) vs Jun 2015
  • Median Sales Price
    $90,000
    10% ( $9,850 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $45,000
    5% ( $2,500 ) vs Jun 2015
  • Foreclosures 472
    Homes for Sale 258
    Recently Sold 408

Market Summary

There are currently 472 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 258.

In July, the number of properties that received a foreclosure filing in Machesney Park, IL was 56% lower than the previous month and 42% lower than the same time last year.

Home sales for June 2016 were down 25% compared with the previous month, and down 33% compared with a year ago. The median sales price of a non-distressed home was $90,000. The median sales price of a foreclosure home was $45,000, or 50% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$45,000 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $50,000 (Median Foreclosure Sales Price) $65,000 (Median Foreclosure Sales Price) $50,000 (Median Foreclosure Sales Price) $37,790 (Median Foreclosure Sales Price) $90,000 (Median Sales Price) $99,850 (Median Sales Price) $91,500 (Median Sales Price) $91,500 (Median Sales Price) $80,000 (Median Sales Price) $95,000 (Median Sales Price) $45,000 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $50,000 (Median Foreclosure Sales Price) $65,000 (Median Foreclosure Sales Price) $50,000 (Median Foreclosure Sales Price) $37,790 (Median Foreclosure Sales Price) $90,000 (Median Sales Price) $99,850 (Median Sales Price) $91,500 (Median Sales Price) $91,500 (Median Sales Price) $80,000 (Median Sales Price) $95,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
106
44.5
% (y-o-y)
$80,000
11.1
% (y-o-y)
55.3%
47.8
% (y-o-y)
Roscoe
10
52.4
% (y-o-y)
$162,200
3.7
% (y-o-y)
7.5%
30.6
% (y-o-y)
Rockton
9
25.0
% (y-o-y)
$166,000
2.4
% (y-o-y)
Data not available
Loves Park
8
68.0
% (y-o-y)
$97,250
2.1
% (y-o-y)
55.8%
31.2
% (y-o-y)
South Beloit
6
50.0
% (y-o-y)
$120,000
0.8
% (y-o-y)
Data not available
Winnebago
6
14.3
% (y-o-y)
$159,950
4.9
% (y-o-y)
Data not available
Durand
2
0.0
% (y-o-y)
$104,750
423.8
% (y-o-y)
Data not available
Caledonia
1
50.0
% (y-o-y)
Data not available
Data not available
Pecatonica
1
66.7
% (y-o-y)
$93,000
6.9
% (y-o-y)
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: 6.40%
Percentage of vacant homes: 5.25%

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