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Sunday, December 22, 2024

What happened to the median home price in Machesney Park during April?

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The median sale price of a home sold in April in Machesney Park rose by $11,000 while total sales decreased by 21.9 percent, according to BlockShopper.com.

In April, there were 25 homes sold, with a median sale price of $113,500 - a 10.7 percent increase over the $102,500 median sale price for the same period of the previous year. There were 32 homes sold in Machesney Park in April 2021.

The median sales tax in Machesney Park for the most recent year with available data, 2019, was $2,795, approximately 2.5 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
New Millford10-$257,500$0-
Lake Summerset41300$200,500$122,75063.3
Rockton1014-28.6$196,750$176,25011.6
Durand30-$185,000$0-
Winnebago9580$155,000$185,000-16.2
Loves Park321788.2$145,000$124,10016.8
South Beloit1016-37.5$142,000$151,500-6.3
Cherry Valley78-12.5$140,000$125,00012
Rockford2312129$115,000$105,0009.5
Machesney Park2532-21.9$113,500$102,50010.7
Pecatonica6450$111,250$68,75061.8

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