Machesney Park, IL, Real Estate
Machesney Park, Illinois, is a vibrant village in Winnebago County, located just north of Rockford along the scenic Rock River. With a population of approximately 23,000, it offers a blend of suburban charm and convenient access to urban amenities. Originally developed as a post-World War II housing community, Machesney Park has grown into a family-friendly area known for its affordable living, strong community spirit, and recreational opportunities. The village boasts attractions like the Machesney Town Center for shopping and dining, as well as nearby natural gems such as Rock Cut State Park, which offers hiking, fishing, and boating. Its proximity to major highways and the Rockford metropolitan area makes it an ideal spot for those seeking a balance between small-town life and city conveniences.
Machesney Park currently has 10 single family homes for sale with an average list price of $219,220 and 4 lots for sale with an average list price of $364,891. The average annual property tax for Machesney Park is $3,280.97.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Machesney Park, i.e. what's hot and what's not.
See What's Hot & What's Not in Machesney Park
Market Trends
Machesney Park home sales for the month of March decreased in volume by 47.1% when compared to last year, while the median sale price decreased by 1.5% from $195,000 to $192,000. House sales decreased by 52.9%, while the median sale price rose by 18.5% from $195,000 to $231,000. Condo sales decreased, while the median sale price decreased.
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148
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137
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146
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151
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$155,750
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$160,000
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$180,000
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$195,000
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
Median Sale Price for Machesney Park
Number of Sales for Machesney Park
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