Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $89,900
    0% ( $0 ) vs Aug 2013
  • Median Sales Price
    $89,900
    5% ( $5,100 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $41,200
    36% ( $23,300 ) vs Aug 2013
  • Foreclosures 559
    Homes for Sale 272
    Recently Sold 835

Market Summary

There are currently 559 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 272.

In September, the number of properties that received a foreclosure filing in Machesney Park, IL was 50% lower than the previous month and 41% lower than the same time last year.

Home sales for August 2014 were up 24% compared with the previous month, and down 45% compared with a year ago. The median sales price of a non-distressed home was $89,900. The median sales price of a foreclosure home was $41,200, or 54% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$41,200 (Median Foreclosure Sales Price) $64,500 (Median Foreclosure 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) $89,900 (Median Sales Price) $95,000 (Median Sales Price) $108,000 (Median Sales Price) $101,000 (Median Sales Price) $82,000 (Median Sales Price) $80,657 (Median Sales Price) $41,200 (Median Foreclosure Sales Price) $64,500 (Median Foreclosure 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) $89,900 (Median Sales Price) $95,000 (Median Sales Price) $108,000 (Median Sales Price) $101,000 (Median Sales Price) $82,000 (Median Sales Price) $80,657 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
254
38.2
% (y-o-y)
$70,600
10.6
% (y-o-y)
54.5%
47.5
% (y-o-y)
Loves Park
38
13.6
% (y-o-y)
$102,450
15.1
% (y-o-y)
54.6%
19.9
% (y-o-y)
Roscoe
26
44.7
% (y-o-y)
$158,675
10.5
% (y-o-y)
Data not available
Rockton
19
44.1
% (y-o-y)
$145,000
3.3
% (y-o-y)
Data not available
Winnebago
19
46.2
% (y-o-y)
$143,000
7.7
% (y-o-y)
Data not available
South Beloit
16
30.4
% (y-o-y)
$105,900
5.9
% (y-o-y)
Data not available
Cherry Valley
6
25.0
% (y-o-y)
$133,469
17.6
% (y-o-y)
Data not available
Durand
6
0.0
% (y-o-y)
$78,800
32.3
% (y-o-y)
Data not available
Pecatonica
5
50.0
% (y-o-y)
$119,500
4.5
% (y-o-y)
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: 9.60%
Percentage of vacant homes: 5.25%