Is Machesney Park, IL 61115 a buyer’s or seller’s market?
Machesney Park is a seller’s market. With about 1 months of supply and 63% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score95/ 100
More competitive than 98% of U.S. ZIP codes, and #3 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1Under 4 months = seller’s market
Sold above original list63.2%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$151▲ +12.9% vs. last year
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Nearby markets
Cherry Valley 61016Seller’s market $175 /sq ftDurand 61024Seller’s market $161 /sq ftLoves Park 61111Seller’s market $149 /sq ftPecatonica 61063Seller’s market $158 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology