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Friday, November 1, 2024

Machesney Park home prices rise in January 2018

Realestate5

The median sale price of a home sold in January 2018 in Machesney Park rose by $25,671 while total sales increased by 14.7%, according to BlockShopper.com.

In January 2018, there were 39 homes sold, with a median sale price of $110,000 - a 30.4% increase over the $84,330 median sale price for the same period of the previous year. There were 34 homes sold in Machesney Park in January 2017.

The median sales tax in Machesney Park for the most recent year with available data, 2017, was $2,977, approximately 2.7% of the median home sale price for January 2018.

The following table compares Machesney Park to other Winnebago County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Roscoe1832-43.8%$147,950$159,500-7.2%
South Beloit78-12.5%$137,500$125,2009.8%
Durand51400%$132,000$135,000-2.2%
Owen13-66.7%$130,000$120,0008.3%
Cherry Valley12850%$123,450$152,700-19.2%
Lake Summerset42100%$112,750$101,00011.6%
Machesney Park393414.7%$110,000$84,329.5030.4%
Loves Park1416-12.5%$80,500$85,000-5.3%
Rockford1811753.4%$70,000$53,50030.8%
Pecatonica6450%$70,000$145,200-51.8%
Winnebago34-25%$55,000$105,107.50-47.7%

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