Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $100,000
    5% ( $5,050 ) vs Feb 2016
  • Median Sales Price
    $83,000
    7% ( $6,000 ) vs Feb 2016
  • Median Foreclosure Sales Price
    $55,684
    18% ( $8,383 ) vs Feb 2016
  • Foreclosures 111
    Homes for Sale 43
    Recently Sold 53

Market Summary

There are currently 111 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 43.

In March, the number of properties that received a foreclosure filing in Machesney Park, IL was 26% higher than the previous month and 4% lower than the same time last year.

Home sales for February 2017 were down 29% compared with the previous month, and down 69% 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 $55,684, or 33% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$55,684 (Median Foreclosure Sales Price) $47,301 (Median Foreclosure Sales Price) $47,301 (Median Foreclosure Sales Price) $37,500 (Median Foreclosure Sales Price) $42,750 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $83,000 (Median Sales Price) $89,000 (Median Sales Price) $98,500 (Median Sales Price) $115,000 (Median Sales Price) $111,000 (Median Sales Price) $87,250 (Median Sales Price) $55,684 (Median Foreclosure Sales Price) $47,301 (Median Foreclosure Sales Price) $47,301 (Median Foreclosure Sales Price) $37,500 (Median Foreclosure Sales Price) $42,750 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $83,000 (Median Sales Price) $89,000 (Median Sales Price) $98,500 (Median Sales Price) $115,000 (Median Sales Price) $111,000 (Median Sales Price) $87,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
71
63.2
% (y-o-y)
$64,000
11.7
% (y-o-y)
59.8%
51.7
% (y-o-y)
Loves Park
7
68.2
% (y-o-y)
$120,000
38.8
% (y-o-y)
Data not available
Roscoe
6
75.0
% (y-o-y)
$180,900
4.3
% (y-o-y)
Data not available
Winnebago
3
50.0
% (y-o-y)
Data not available
Data not available
Cherry Valley
2
66.7
% (y-o-y)
Data not available
Data not available
Rockton
2
88.2
% (y-o-y)
$197,500
71.8
% (y-o-y)
Data not available
South Beloit
1
92.9
% (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: 84.41     Rating: B View crime details
Schools: 6    Average School Rating: D+ View individual school rating
Household Median Income: $54,422
Unemployment: 6.50%
Percentage of vacant homes: 5.25%

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