Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $104,900
    12% ( $11,000 ) vs Mar 2015
  • Median Sales Price
    $91,500
    14% ( $11,500 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $65,000
    30% ( $15,000 ) vs Mar 2015
  • Foreclosures 458
    Homes for Sale 226
    Recently Sold 646

Market Summary

There are currently 458 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 226.

In April, the number of properties that received a foreclosure filing in Machesney Park, IL was 16% higher than the previous month and 71% higher than the same time last year.

Home sales for March 2016 were up 62% compared with the previous month, and up 767% compared with a year ago. The median sales price of a non-distressed home was $91,500. The median sales price of a foreclosure home was $65,000, or 29% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$65,000 (Median Foreclosure 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) $91,500 (Median 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) $65,000 (Median Foreclosure 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) $91,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
326
145.1
% (y-o-y)
$72,000
29.5
% (y-o-y)
48.9%
18.1
% (y-o-y)
Loves Park
47
370.0
% (y-o-y)
$82,000
26.2
% (y-o-y)
50.7%
3.1
% (y-o-y)
Roscoe
34
466.7
% (y-o-y)
$179,900
22.2
% (y-o-y)
38.9%
59.3
% (y-o-y)
Rockton
24
700.0
% (y-o-y)
$160,000
26.1
% (y-o-y)
34.4%
0.0
% (y-o-y)
South Beloit
18
260.0
% (y-o-y)
$119,750
15.1
% (y-o-y)
53.6%
0.0
% (y-o-y)
Cherry Valley
10
900.0
% (y-o-y)
$121,644
15.5
% (y-o-y)
6.6%
0.0
% (y-o-y)
Winnebago
8
33.3
% (y-o-y)
$159,000
51.1
% (y-o-y)
Data not available
Davis Junction
7
133.3
% (y-o-y)
$122,250
26.0
% (y-o-y)
Data not available
Pecatonica
4
300.0
% (y-o-y)
$87,500
32.4
% (y-o-y)
Data not available
Durand
3
200.0
% (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: 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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