Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $106,950
    2% ( $1,950 ) vs Jun 2013
  • Median Sales Price
    $108,000
    7% ( $7,000 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $42,510
    4% ( $1,755 ) vs Jun 2013
  • Foreclosures 604
    Homes for Sale 338
    Recently Sold 754

Market Summary

There are currently 604 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 338.

In July, the number of properties that received a foreclosure filing in Machesney Park, IL was 22% higher than the previous month and 12% higher than the same time last year.

Home sales for June 2014 were down 7% compared with the previous month, and down 52% compared with a year ago. The median sales price of a non-distressed home was $108,000. The median sales price of a foreclosure home was $42,510, or 61% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$42,510 (Median Foreclosure Sales Price) $40,755 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $44,088 (Median Foreclosure Sales Price) $46,130 (Median Foreclosure Sales Price) $44,217 (Median Foreclosure Sales Price) $108,000 (Median Sales Price) $101,000 (Median Sales Price) $82,000 (Median Sales Price) $80,657 (Median Sales Price) $80,657 (Median Sales Price) $77,875 (Median Sales Price) $42,510 (Median Foreclosure Sales Price) $40,755 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $44,088 (Median Foreclosure Sales Price) $46,130 (Median Foreclosure Sales Price) $44,217 (Median Foreclosure Sales Price) $108,000 (Median Sales Price) $101,000 (Median Sales Price) $82,000 (Median Sales Price) $80,657 (Median Sales Price) $80,657 (Median Sales Price) $77,875 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
240
37.5
% (y-o-y)
$60,000
25.9
% (y-o-y)
49.9%
56.8
% (y-o-y)
Loves Park
32
41.8
% (y-o-y)
$86,750
3.9
% (y-o-y)
43.5%
31.7
% (y-o-y)
Roscoe
19
38.7
% (y-o-y)
$154,250
2.7
% (y-o-y)
17.0%
21.1
% (y-o-y)
Rockton
12
36.8
% (y-o-y)
$115,000
21.8
% (y-o-y)
Data not available
Cherry Valley
9
30.8
% (y-o-y)
$145,000
31.8
% (y-o-y)
Data not available
Pecatonica
8
11.1
% (y-o-y)
$79,764
29.4
% (y-o-y)
Data not available
Winnebago
8
33.3
% (y-o-y)
$150,500
2.9
% (y-o-y)
Data not available
South Beloit
6
66.7
% (y-o-y)
$98,700
13.3
% (y-o-y)
25.0%
15.5
% (y-o-y)
Durand
2
0.0
% (y-o-y)
$60,100
46.8
% (y-o-y)
Data not available
Shirland
1
0.0
% (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: 109.65     Rating: B- View crime details
Schools: 6    Average School Rating: D+ View individual school rating
Household Median Income: $54,422
Unemployment: 8.90%
Percentage of vacant homes: 5.25%