Machesney Park, IL—61115
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$194,000
7.9% YoY Growth
Household Income
$73,800
22.5% YoY Growth
Days on Market
45
18.0% Longer YoY
Home Price Forecast
4.9%
Median Rent
$1,480
8.5% YoY Growth
1-Bed Rent
$825
2.0% YoY Growth
2-Bed Rent
$1,300
8.4% YoY Growth
3-Bed Rent
$1,800
20.3% YoY Growth
Home Price Trends — Machesney Park, IL
As of Dec '25, the median home price in Machesney Park, IL is $194,000, with a year-over-year change of 7.9%. This indicates that home prices in Machesney Park, IL are increasing. According to Zillow, the 1-year price projection is 4.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $194,000 | 7.9% |
| Single Family | $196,000 | 8.9% |
| Condos | $129,000 | 11.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |