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Peoria Standard

Sunday, September 29, 2024

Mackinaw home prices rise in the third quarter of 2018

Realestate077

The median sale price of a home sold in the third quarter of 2018 in Mackinaw rose by $7,500 while total sales increased by 6.3%, according to BlockShopper.com.

From July through September of 2018, there were 17 homes sold, with a median sale price of $142,500 - a 5.6% increase over the $135,000 median sale price for the same period of the previous year. There were 16 homes sold in Mackinaw in the third quarter of 2017.

The median sales tax in Mackinaw for the most recent year with available data, 2016, was $3,046.20, approximately 2.1% of the median home sale price for the third quarter of 2018.

The following table compares Mackinaw to other Tazewell County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Morton1088231.7%$190,250$169,70012.1%
Washington1111028.8%$167,000$201,450-17.1%
Tremont1620-20%$156,500$163,750-4.4%
Heritage Lake710-30%$154,500$168,500-8.3%
Mackinaw17166.3%$142,500$135,0005.6%
East Peoria1281261.6%$126,000$133,250-5.4%
Hopedale212-83.3%$113,750$157,000-27.5%
Armington21100%$113,550$70,00062.2%
Marquette Heights990%$108,000$90,00020%
Delavan1216-25%$104,000$82,50026.1%
Green Valley94125%$100,178$162,550-38.4%

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