Machesney Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $89,900
    1% ( $950 ) vs Nov 2013
  • Median Sales Price
    $77,500
    0% ( $0 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $44,050
    7% ( $2,820 ) vs Nov 2013
  • Foreclosures 535
    Homes for Sale 198
    Recently Sold 741

Market Summary

There are currently 535 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 198.

In December, the number of properties that received a foreclosure filing in Machesney Park, IL was 16% higher than the previous month and 24% lower than the same time last year.

Home sales for November 2014 were down 62% compared with the previous month, and down 19% compared with a year ago. The median sales price of a non-distressed home was $77,500. The median sales price of a foreclosure home was $44,050, or 43% lower than non-distressed home sales.

Sales Prices - Machesney Park, IL




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$44,050 (Median Foreclosure Sales Price) $41,230 (Median Foreclosure Sales Price) $50,639 (Median Foreclosure Sales Price) $41,200 (Median Foreclosure Sales Price) $64,500 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $77,500 (Median Sales Price) $77,500 (Median Sales Price) $81,250 (Median Sales Price) $89,900 (Median Sales Price) $95,000 (Median Sales Price) $108,000 (Median Sales Price) $44,050 (Median Foreclosure Sales Price) $41,230 (Median Foreclosure Sales Price) $50,639 (Median Foreclosure Sales Price) $41,200 (Median Foreclosure Sales Price) $64,500 (Median Foreclosure Sales Price) $42,510 (Median Foreclosure Sales Price) $77,500 (Median Sales Price) $77,500 (Median Sales Price) $81,250 (Median Sales Price) $89,900 (Median Sales Price) $95,000 (Median Sales Price) $108,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
131
47.4
% (y-o-y)
$69,000
3.1
% (y-o-y)
45.7%
42.8
% (y-o-y)
Loves Park
14
33.3
% (y-o-y)
$83,000
17.0
% (y-o-y)
38.8%
44.5
% (y-o-y)
Rockton
9
47.1
% (y-o-y)
$163,950
10.4
% (y-o-y)
Data not available
Roscoe
9
66.7
% (y-o-y)
$166,000
8.5
% (y-o-y)
Data not available
South Beloit
9
30.8
% (y-o-y)
$110,500
3.9
% (y-o-y)
Data not available
Winnebago
9
0.0
% (y-o-y)
$136,250
7.6
% (y-o-y)
Data not available
Pecatonica
3
57.1
% (y-o-y)
$115,000
62.0
% (y-o-y)
Data not available
Durand
3
200.0
% (y-o-y)
$141,750
1331.8
% (y-o-y)
Data not available

Local Info For Machesney Park

Population:
23,070
Cost of Living Index: 90.60
Crime Index: 83.38     Rating: B View crime details
Schools: 6    Average School Rating: D+ View individual school rating
Household Median Income: $54,422
Unemployment: 8.20%
Percentage of vacant homes: 5.25%