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Rockford Sun

Wednesday, November 27, 2024

Machesney Park home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Machesney Park rose by $29,900 while total sales decreased by 6.5%, according to BlockShopper.com.

In April 2018, there were 29 homes sold, with a median sale price of $122,900 - a 32.2% increase over the $93,000 median sale price for the same period of the previous year. There were 31 homes sold in Machesney Park in April 2017.

The median sales tax in Machesney Park for the most recent year with available data, 2017, was $2,977, approximately 2.4% of the median home sale price for April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Winnebago52150%$150,000$138,7508.1%
Roscoe3135-11.4%$150,000$168,000-10.7%
Durand20-$145,000$0-
Rockton201625%$143,000$135,2005.8%
Pecatonica5366.7%$123,000$202,500-39.3%
Machesney Park2931-6.5%$122,900$93,00032.2%
Owen12-50%$118,000$111,4505.9%
Cherry Valley14137.7%$115,000$135,000-14.8%
Loves Park1726-34.6%$90,000$91,500-1.6%
Rockford24221711.5%$82,750$72,50014.1%
South Beloit6520%$74,590$69,8256.8%

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