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Peoria Standard

Sunday, September 29, 2024

Mackinaw home prices fall in September 2018

Re 7

The median sale price of a home sold in September 2018 in Mackinaw fell by $61,250 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In September 2018, there were four homes sold, with a median sale price of $88,750 - a 40.8% decrease over the $150,000 median sale price for the same period of the previous year. There were four homes sold in Mackinaw in September 2017, as well.

The median sales tax in Mackinaw for the most recent year with available data, 2016, was $3,046, approximately 3.4% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Heritage Lake440%$157,250$187,500-16.1%
Green Valley21100%$123,513.50$70,00076.4%
East Peoria3336-8.3%$119,000$115,9502.6%
Tremont7475%$116,250$124,500-6.6%
Delavan23-33.3%$106,000$80,00032.5%
Marquette Heights24-50%$89,000$60,95046%
Mackinaw440%$88,750$150,000-40.8%
Pekin513930.8%$88,000$98,000-10.2%
Minier51400%$79,900$155,000-48.5%
Creve Coeur7616.7%$75,000$61,20022.5%
South Pekin220%$56,450$86,500-34.7%

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