Mackinaw, IL Home Values & Market Trends
Real estate market trends reflect that there have been 72 transactions over the past year in Mackinaw. The median value for residential home transactions that occurred over the previous year is $222,934. The number of current listings in Mackinaw is 43, and the percentage of properties for sale in the city is 43.00%. Mackinaw, IL currently has 14 properties in foreclosure, 3 bank owned properties, 1 properties headed for auction, and 43 properties for sale.
Mackinaw, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61755 | $ 222,934 $ 149/sqft |
Housing Market Summary for Mackinaw, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $180.3K | $189.9K | 5.35% |
| Median Sold Price | $237.7K | $263.9K | 11.02% |
| Homes For Sale | 25 | 39 | 56.00% |
| Homes Sold | 37 | 44 | 18.92% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mackinaw, IL
Browse Homes in Mackinaw, IL
Mackinaw home values range from $78,275 to $722,616. The median estimated value of a home in Mackinaw is $222,934. The median list price of a home is 189,900, and the total count of properties in the city is 111.
- Pre-ForeclosurePre-foreclosure homes account for 9.01% of all residential properties in Mackinaw, IL with 61755 containing 10 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 $347,499 in 61755 to the lowest home value of $78,275 in 61755.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mackinaw, IL ranges from the highest value of $288,587 in 61755 to the lowest value of $170,203 in 61755. Bank owned homes and properties account for 2.70% of properties in Mackinaw, IL. There is 1 zips within Mackinaw, IL; 61755 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61755 has 1 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 0.90% 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 $120,886 in 61755 to the lowest value of $120,886 in 61755.
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More Real Estate Resources for Mackinaw, IL
Guide for Mackinaw, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
