61115 — Machesney Park, IL Home Values
Typical home value $210,932 as of June 2026 · 15th of 22 in Rockford, IL
Blue: typical home value (Zillow ZHVI) in ZIP code 61115, June 2021 to June 2026. This page shows observed data only; no forecast.
How 61115 compares in the Rockford, IL area
ZIP code 61115 (Machesney Park, IL) has a typical home value of $210,932 as of June 2026, ranking 15th of 22 ZIP codes tracked in the Rockford, IL area, more expensive than about 36% of ZIP codes in the metro. Prices here have moved +10.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +52.2%, from $138,554 in June 2021 to $210,932 in June 2026. Against observed rent, the typical home here sells for 12× the annual rent ($1,469/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Rockford, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Rockford.
Population and demographics
ZIP code 61115 has a population of 22,424, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 82% White, 7.9% Hispanic or Latino, 3.9% Black or African American, 3.6% two or more races, 2.2% Asian, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Harlem High School | 9229 N Alpine Rd, Machesney Park, IL | 0.5 mi |
| Olson Park Elem School | 1414 Minahan Dr, Machesney Park, IL | 0.6 mi |
| Ralston Elem School | 710 Ralston Rd, Machesney Park, IL | 1.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 61115?
$210,932 as of June 2026, the latest month Zillow has published observed data for.
Is 61115 an expensive ZIP code in the Rockford, IL area?
61115 ranks 15th of 22 ZIP codes in the Rockford, IL area by typical home value, more expensive than about 36% of ZIP codes in the metro.
How much have home values in 61115 changed over the past year?
+10.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 61115?
The typical home price is 12× the observed annual rent in this ZIP code ($1,469/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 61115?
22,424, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 61115?
Harlem High School (0.5 mi), Olson Park Elem School (0.6 mi), Ralston Elem School (1.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 61115?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Rockford, IL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.