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MACHESNEY PARK, IL 61115

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MACHESNEY PARK, IL real estate market (61115) currently shows 41 active listings, with 30 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 52 days last year.

The median listing price has risen 3.9% year-over-year, from $230,950 to $240,000.

Whether you are buying or selling in MACHESNEY PARK, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,542  ·  Density: 817.3/mi²  ·  Median household income: $70,500

Typical home value: $150,319  ·  Homeownership: 80.3%

Market Overview

Active Listings
41
⇧ 28.1% vs 32 last year
Pending
30
73% pending ratio
Median Price
$240,000
⇧ 3.9% vs $230,950 last year
Average Price
$228,671
⇩ 9% vs $251,237 last year
Days on Market
54
⇧ 3.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$143
⇩ 3.4% vs $148/sqft last year
Median Home Size
1,530 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 32 last year
  • Days on market: 54 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $240,000 (+3.9% YoY)
  • Average: $228,671 (-9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.8 miles — 368 listings ($106,105,639 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61115Machesney Park, IL 611150.0 mi48$11,101,824$234,950$231,288
61103Rockford, IL 611033.0 mi46$12,330,760$214,900$268,060
61073Roscoe, IL 610734.6 mi33$15,423,606$462,456$467,382
61011Caledonia, IL 610116.2 mi9$6,048,918$570,613$672,102
61108Rockford, IL 611087.6 mi48$9,704,448$186,950$202,176
61104Rockford, IL 611048.1 mi31$4,900,604$145,500$158,084
61065Poplar Grove, IL 6106510.7 mi28$9,461,256$300,000$337,902
61109Rockford, IL 6110911.9 mi38$7,738,092$195,000$203,634
61008Belvidere, IL 6100812.6 mi63$22,109,661$300,000$350,947
61088Winnebago, IL 6108813.3 mi15$4,726,470$287,000$315,098
61024Durand, IL 6102414.3 mi3$810,000$270,000$270,000
61038Garden Prairie, IL 6103816.5 mi4$1,280,000$320,000$320,000
53501Afton, WI 5350116.8 mi2$470,000$235,000$235,000

Frequently Asked Questions

How many homes are for sale in MACHESNEY PARK, IL 61115?

As of February 2026, there are 41 active listings in MACHESNEY PARK, IL (zip code 61115), compared to 32 the prior year.

What is the median home price in MACHESNEY PARK, IL 61115?

The median listing price in MACHESNEY PARK, IL 61115 is $240,000 as of February 2026, a 3.9% increase from $230,950 the prior year.

How long do homes stay on the market in MACHESNEY PARK, IL?

Homes in MACHESNEY PARK, IL 61115 spend an average of 54 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in MACHESNEY PARK, IL 61115?

Based on current inventory and days-on-market data as of February 2026, MACHESNEY PARK, IL 61115 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 52 days last year.

How much can I save on real estate commission in MACHESNEY PARK, IL?

With SELL123.com's maximum 3% commission, sellers in MACHESNEY PARK, IL 61115 save an estimated $4,800 compared to a typical 5% commission on the median listing price of $240,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.