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Peoria Standard

Friday, April 19, 2024

Mackinaw home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Mackinaw fell by $49,250 while total sales decreased by 50%, according to BlockShopper.com.

In January 2020, there were two homes sold, with a median sale price of $104,000 - a 32.1% decrease over the $153,250 median sale price for the same period of the previous year. There were four homes sold in Mackinaw in January 2019.

The median sales tax in Mackinaw for the most recent year with available data, 2018, was $3,151, approximately 3% of the median home sale price for January 2020.

The following table compares Mackinaw to other Tazewell County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Green Valley10-$192,000$0-
Hopedale25-60%$185,950$81,000129.6%
Tremont24-50%$173,700$225,645-23%
Morton15150%$164,000$156,0005.1%
North Pekin12-50%$120,000$105,00014.3%
Deer Creek20-$106,375$0-
Mackinaw24-50%$104,000$153,250-32.1%
Marquette Heights24-50%$75,950$82,450-7.9%
East Peoria2025-20%$75,500$116,500-35.2%
Pekin1117-35.3%$69,000$114,000-39.5%
Delavan41300%$44,000$114,000-61.4%

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