From October to December, 48 homes sold in Machesney Park for a median price of $110,000. That's 29 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 6 homes in Machesney Park were in foreclosure.
Median property tax for homeowners in Machesney Park was $0 in 2018 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Machesney Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
88
$136,094
-
2010
52
$107,901
-20.7%
2011
62
$94,864
-12.1%
2012
88
$92,650
-2.3%
2013
71
$90,180
-2.7%
2014
88
$79,500
-11.8%
2015
97
$86,920
9.3%
2016
73
$94,500
8.7%
2017
101
$85,272
-9.8%
2018
48
$110,000
29%
Median property tax
Median sale price
Effective property tax rate
2009
$2,816.44
$136,094
2.1%
2010
$2,719
$107,901
2.5%
2011
$3,016.07
$94,864
3.2%
2012
$3,417.24
$92,650
3.7%
2013
$3,023.15
$90,180
3.4%
2014
$3,199.93
$79,500
4%
2015
$2,924.77
$86,920
3.4%
2016
$3,112.01
$94,500
3.3%
2017
$2,859.40
$85,272
3.4%
2018
$0
$110,000
0%