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Monday, December 23, 2024

Machesney Park home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Machesney Park rose by $15,750 while total sales decreased by 3.1%, according to BlockShopper.com.

In April 2017, there were 31 homes sold, with a median sale price of $93,000 - a 20.4% increase over the $77,250 median sale price for the same period of the previous year. There were 32 homes sold in Machesney Park in April 2016.

The median sales tax in Machesney Park for 2017 was $2,977. In 2016, the median sales tax was $2,923. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.2%.

The following table compares Machesney Park to other Winnebago County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Roscoe352634.6%$168,000$159,9505%
Harlem330%$162,000$195,000-16.9%
Winnebago26-66.7%$138,750$118,25017.3%
Rockton1624-33.3%$135,200$149,500-9.6%
Cherry Valley1317-23.5%$135,000$75,00080%
Lake Summerset21100%$115,000$159,900-28.1%
Owen23-33.3%$111,450$135,750-17.9%
Machesney Park3132-3.1%$93,000$77,25020.4%
Loves Park261936.8%$91,500$113,159-19.1%
Rockford2172008.5%$72,500$57,10027%
South Beloit513-61.5%$69,825$105,000-33.5%

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