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Peoria Standard

Thursday, April 25, 2024

Q2 real estate sales report: Mackinaw

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Median prices rose in Mackinaw over last year, and are down 7.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 9 homes sold in Mackinaw for a median price of $130,000. That's 8.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Mackinaw.

Median property tax for homeowners in Mackinaw was $3,231.80 in 2016 according to tax data from that year. That means homeowners pay 2.3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Mackinaw real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$140,348
-
2010
16
$166,725
18.8%
2011
9
$98,310
-41%
2012
14
$129,301
31.5%
2013
9
$130,680
1.1%
2014
11
$178,080
36.3%
2015
12
$200,870
12.8%
2016
11
$141,750
-29.4%
2017
17
$119,850
-15.4%
2018
9
$130,000
8.5%

Median property tax
Median sale price
Effective property tax rate
2009
$2,715.07
$140,348
1.9%
2010
$3,174.50
$166,725
1.9%
2011
$2,118.79
$98,310
2.2%
2012
$3,090.95
$129,301
2.4%
2013
$3,453.86
$130,680
2.6%
2014
$2,967.27
$178,080
1.7%
2015
$3,956.01
$200,870
2%
2016
$3,231.79
$141,750
2.3%

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