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Peoria Standard

Saturday, November 23, 2024

Mackinaw home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Mackinaw rose by $22,500 while total sales decreased by 11.1%, according to BlockShopper.com.

In August 2018, there were eight homes sold, with a median sale price of $157,500 - a 16.7% increase over the $135,000 median sale price for the same period of the previous year. There were nine homes sold in Mackinaw in August 2017.

The median sales tax in Mackinaw for the most recent year with available data, 2016, was $3,046, approximately 1.9% of the median home sale price for August 2018.

The following table compares Mackinaw to other Tazewell County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Heritage Lake13-66.7%$230,000$140,00064.3%
Morton2931-6.5%$197,000$166,00018.7%
Tremont35-40%$190,000$180,0005.6%
Washington2933-12.1%$175,900$182,000-3.4%
Mackinaw89-11.1%$157,500$135,00016.7%
Hopedale14-75%$127,500$114,75011.1%
East Peoria574332.6%$126,000$150,000-16%
Green Valley41300%$118,589$220,000-46.1%
Minier4333.3%$112,000$132,400-15.4%
Marquette Heights4333.3%$111,500$108,0003.2%
Pekin65641.6%$108,500$100,4508%

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