Machesney Park, IL Housing

Machesney Park, IL is a great place to invest in real estate. The housing median value is currently $148,200 and has appreciated 8.47% in the past year. This is slightly higher than the US housing median value of $338,100 which has appreciated 8.27% over the same period. These figures suggest that Machesney Park, IL is a solid market for those looking to invest in real estate or purchase a home. With such a stable market and rising values, buyers can feel secure making an investment in Machesney Park.

The median home cost in Machesney Park is $148,200. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Machesney Park is up 12.6%.

Average Age of Homes

- The median age of Machesney Park real estate is 41 years old

The Rental Market in Machesney Park

- Renters make up 19.9% of the Machesney Park population
- 1.0% of houses and apartments in Machesney Park, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Machesney Park, Illinois	United States
	9,050.0	139,647,020.0
	44	42
	$148,200	$338,100
	12.6%	16.6%
	52.2%	57.0%
	55.4%	101.1%
	$26.56	$10.98
	$3,384	$2,690
	74.8%	57.4%
	4.3%	11.2%
	20.9%	31.4%
Vacant Housing
	1.0%	1.9%
	0.3%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	1.3%	2.4%
	4.1%	2.8%
	11.7%	3.9%
	13.2%	4.5%
	31.5%	11.3%
	22.2%	13.0%
	10.9%	20.1%
	1.1%	13.6%
	0.2%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.4%	13.6%
	15.4%	13.6%
	12.9%	13.6%
	11.2%	13.2%
	23.4%	14.8%
	12.9%	13.6%
	14.0%	10.0%
	3.4%	4.7%
	4.0%	12.2%