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Rockford Sun

Tuesday, November 26, 2024

Machesney Park home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Machesney Park rose by $300 while total sales decreased by 50%, according to BlockShopper.com.

In October 2018, there were 23 homes sold, with a median sale price of $77,000 - a 0.4% increase over the $76,700 median sale price for the same period of the previous year. There were 46 homes sold in Machesney Park in October 2017.

The median sales tax in Machesney Park for the most recent year with available data, 2017, was $2,977, approximately 3.9% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
South Beloit612-50%$169,500$119,37542%
Pecatonica7616.7%$149,900$92,45062.1%
Lake Summerset24-50%$128,700$129,500-0.6%
Cherry Valley1028-64.3%$128,000$128,0000%
Owen3250%$123,500$145,250-15%
Winnebago211-81.8%$121,500$116,0004.7%
Rockton621-71.4%$118,750$148,000-19.8%
Loves Park1926-26.9%$87,900$96,500-8.9%
Durand110%$80,000$90,000-11.1%
Machesney Park2346-50%$77,000$76,7000.4%
Rockford142251-43.4%$69,500$75,000-7.3%

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