Home prices
Machesney Park's median home cost is $120,700. This is about $21,520 (15%) lower compared to nearby areas.It is about $96,800 (44%) lower in comparison to the rest of the country, and it is about $137,300 (53%) lower compared to the city of Chicago.
Rents
In Machesney Park the median monthly rent is $956. Compared to its nearby areas it is approximately $75 (7%) lower.It is approximately $106 (9%) lower compared to the rest of the nation, and in comparison to the city of Chicago is about $156 (14%) lower.
Nearby places
Loves Park
Loves Park is Machesney Park's neighbor to the southeast. Real estate prices there are a bit less expensive. The median home in Loves Park costs $111,900, which works out to $8,800 (7%) lower than Machesney Park. Rent there is somewhat less expensive. In Loves Park the median rent is $848 a month, which works out to $108 (12%) lower than Machesney Park.
Roscoe
Roscoe is Machesney Park's neighbor to the north. Real estate prices there are a little more expensive. The median home in Roscoe is valued at $163,000, which comes out to $42,300 (25%) higher than Machesney Park. Rents there are a little more expensive. In Roscoe the median rent is $1,102 a month, which is $146 (13%) higher than Machesney Park.
Rockton
Rockton is roughly 5 miles north from Machesney Park. The real estate prices there are a little more expensive. The median home in Rockton costs $172,100, which comes out to $51,400 (29%) higher than Machesney Park. Its rents are somewhat less expensive. Rockton's median monthly rent is $750, which comes out to $206 (27%) lower than Machesney Park.
Caledonia
Caledonia is about 5 miles east from Machesney Park. Real estate prices there are a bit more expensive. The median home value in Caledonia is $133,300, which is $12,600 (9%) higher than Machesney Park. Rent there is somewhat more expensive. The median monthly rent in Caledonia is $1,063, which comes out to $107 (10%) higher than Machesney Park.
Candlewick Lake
Candlewick Lake is about 6 miles east from Machesney Park. Its housing prices are a bit more expensive. The median home price in Candlewick Lake is $130,800, which works out to $10,100 (7%) higher than Machesney Park. Rent there is somewhat more expensive. Candlewick Lake's median rent is $1,393 per month, which works out to $437 (31%) higher than Machesney Park.
