Mackinaw, IL Home Values & Market Trends

Real estate market trends reflect that there have been 78 transactions over the past year in Mackinaw. The median value for residential home transactions that occurred over the previous year is $213,505.26. The number of current listings in Mackinaw is 9, and the percentage of properties for sale in the city is 9.00%. Mackinaw, IL currently has 8 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 9 properties for sale.

Mackinaw, IL Real Estate Market Overview

ZipMedian Est. Value
61755

$ 199,696

$ 102/sqft

Housing Market Summary for Mackinaw, IL

Apr 2023March 2024Change
Median Listing Price$161.9K$187.5K15.76%
Median Sold Price$0$187.5K-
Homes For Sale107-30.00%
Homes Sold038-
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mackinaw, IL

Mackinaw home values range from $26,002 to $1,426,211. The median estimated value of a home in Mackinaw is $213,505.26. The median list price of a home is 228,900, and the total count of properties in the city is 1,671.

Foreclosure
There is 1 zips within Mackinaw, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $288,146 in 61755 to the lowest value of $106,153 in 61755. Foreclosure homes account for 0.00% of properties in Mackinaw, IL with 61755 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in Mackinaw, IL with 61755 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mackinaw, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $288,146 in 61755 to the lowest home value of $113,530 in 61755.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mackinaw, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mackinaw, IL. There is 1 zips within Mackinaw, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    61755 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Mackinaw, IL. Auction homes and other auction properties account for 0.12% of all properties in Mackinaw, IL. There is 1 zips within Mackinaw, IL; of that zips, the median estimated home value for homes going to auction ranges from $238,322 in 61755 to the lowest value of $106,153 in 61755.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.54% of residential properties in Mackinaw, IL with 61755 containing 9 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mackinaw, IL; homes for sale in that zips, have a range of median values from $359,900 in 61755 to the lowest value of $139,900 in 61755.
    Sold Homes
    The median value for recently sold homes ranges from $387,295 in 61755 to the lowest price of $77,717 in 61755. There is 1 zips within Mackinaw, IL. 61755 has 32 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.92% of properties in Mackinaw, IL.

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      Guide for Mackinaw, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Mackinaw, IL

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