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Peoria Standard

Sunday, November 24, 2024

Mackinaw home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Mackinaw fell by $43,000 while total sales decreased by 25%, according to BlockShopper.com.

In July 2017, there were three homes sold, with a median sale price of $122,500 - a 26% decrease over the $165,500 median sale price for the same period of the previous year. There were four homes sold in Mackinaw in July 2016.

The median sales tax in Mackinaw for the most recent year with available data, 2016, was $3,046, approximately 2.5% of the median home sale price for July 2017.

The following table compares Mackinaw to other Tazewell County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Deer Creek13-66.7%$190,000$50,000280%
Heritage Lake35-40%$170,000$185,000-8.1%
Tremont1112-8.3%$170,000$165,0003%
Morton312524%$169,500$159,5006.3%
Green Valley23-33.3%$162,550$70,000132.2%
Mackinaw34-25%$122,500$165,500-26%
East Peoria47446.8%$121,500$130,750-7.1%
Minier660%$116,000$129,950-10.7%
Pekin664643.5%$100,000$81,95022%
North Pekin110%$92,500$61,50050.4%
Marquette Heights24-50%$92,450$87,5005.7%

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