From January to March, 90 homes sold in Machesney Park for a median price of $99,200. That's 11.1 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 18 homes in Machesney Park were in foreclosure.
Median property tax for homeowners in Machesney Park was $3,326.98 in 2016 according to tax data from that year. That means homeowners pay 3.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Machesney Park real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
68
$94,770
-
2010
86
$125,400
32.3%
2011
58
$112,521
-10.3%
2012
67
$93,631
-16.8%
2013
67
$91,800
-2%
2014
59
$76,278
-16.9%
2015
74
$67,469
-11.5%
2016
74
$97,913
45.1%
2017
82
$89,250
-8.8%
2018
90
$99,200
11.1%
Median property tax
Median sale price
Effective property tax rate
2009
$2,600.51
$94,770
2.7%
2010
$3,334.89
$125,400
2.7%
2011
$3,249.31
$112,521
2.9%
2012
$2,730.92
$93,631
2.9%
2013
$2,997.30
$91,800
3.3%
2014
$3,319.17
$76,278
4.4%
2015
$3,194.54
$67,469
4.7%
2016
$3,326.97
$97,913
3.4%
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