Machesney Park home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Machesney Park fell by $4,000 while total sales increased by 35.3%, according to

In October 2020, there were 23 homes sold, with a median sale price of $126,000 - a 3.1% decrease over the $130,000 median sale price for the same period of the previous year. There were 17 homes sold in Machesney Park in October 2019.

The median sales tax in Machesney Park for the most recent year with available data, 2018, was $3,011, approximately 2.4% of the median home sale price for October 2020.

The following table compares Machesney Park to other Winnebago County cities in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Cherry Valley10666.7%$167,450$142,80017.3%
Lake Summerset3250%$164,900$107,450.5053.5%
South Beloit6520%$164,350$145,00013.3%
Machesney Park231735.3%$126,000$130,000-3.1%
Loves Park191346.2%$125,000$104,90019.2%
New Millford01-100%$0$164,900-100%

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