Housing in Machesney Park, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$235,000
Median List Price
$205,000
Price Per Sq Ft
$151
Days on Market
15
Active Inventory
14
Months of Supply
0.6
Seller's market
Zillow Home Value
$194,150
ZHVI — January 2026
Zillow Rent Index
$1,365
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
31.8%
Off Market in 2 Weeks
40.0%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
22
New Listings
9
Pending Sales
15
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$151
Median List $/SF
$117
Machesney Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Machesney Park is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$162,500
Median Rent
$1,109
Total Housing Units
9,125
Vacancy Rate
6.1%
Owner Occupied
80.5%
Renter Occupied
19.5%
Median Property Tax
$3,732
per year
Monthly Cost (w/ Mortgage)
$1,106
Housing Types
The current median sale price in Machesney Park, IL is $235,000 according to Redfin data. Homes spend a median of 15 days on the market. 31.8% of homes sold above asking price. The market has 0.6 months of supply. The median price per square foot is $151. Zillow's observed rent index is $1,365/month. About 80.5% of housing units are owner-occupied. The median year homes were built is 1977. There are 9,125 total housing units.