Is Mackinaw Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mackinaw Township is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Mackinaw Township has remained a Seller's Market.

Key Takeaway

Mackinaw Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Mackinaw Township, IL cost?

Median Sold Price

$186,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$14,225(+8.3%)

Key Takeaway

Homes in Mackinaw Township have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $139.5K$125K
-10.4%
3 $170K$171.2K
+0.7%
4 $187.4K$206.9K
+10.4%
5+ $269K$263K
-2.2%

Median Sold Price Compared To Nearby Cities

Mackinaw Township
+8.3%
Tremont Township
+4.7%

How many homes are available in Mackinaw Township, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
2317-26.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 22
0.0%
3 139
-30.8%
4 65
-16.7%
5+ 21
-50.0%

Number of Homes Sold

Aug 2022Sep 2022%
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mackinaw Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
46 Days7 Days-83.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mackinaw Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Mackinaw Township, IL

Mackinaw Township, IL has 17 homes on the market. In September 2022 in Mackinaw Township, IL there were 26.1% less homes for sale than in August 2022. Listings spent 7 days on the market in September 2022, and had a median list price of $186,000 during the same period. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 10.4%, prices of 3 bedrooms properties increased by 0.7%, the cost of 4 bedrooms properties went up by 10.4%, the cost of 5 bedrooms properties went down by 2.2%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went down by 30.8%, number of 4 bedrooms homes decreased by 16.7%, volume of 5 bedrooms homes went down by 50%. In September 2022 more than 2 listings in Mackinaw Township, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.