Is Mackinaw Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mackinaw Township has remained a Seller's Market.
Housing Prices in Mackinaw Township, IL
How much do homes in Mackinaw Township, IL cost?
Median Sold Price
$215,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mackinaw Township was $215,000 in April 2024, up 7.6% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158K | $600K | +279.7% |
2 Bedrooms | $127.9K | $126.9K | -0.8% |
3 Bedrooms | $185K | $226.4K | +22.4% |
4 Bedrooms | $220K | $300K | +36.4% |
5+ Bedrooms | $405K | $268.7K | -33.6% |
Summary: Mackinaw Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 279.7%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes decreased by 33.6%.
Median Sold Price Compared To Nearby Cities
Mackinaw | $161.5K | $215K | +33.1% |
Deer Creek Township | $208K | $255.3K | +22.8% |
Mackinaw Township | $199.9K | $215K | +7.6% |
Danvers Township | $173.5K | $180.5K | +4.0% |
Housing Supply in Mackinaw Township, IL
How many homes are available in Mackinaw Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Summary: The Mackinaw Township real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mackinaw Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mackinaw Township in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Mackinaw Township, IL
How long does it take to sell a home in Mackinaw Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 39 Days | +191.4% |
Summary: Homes in Mackinaw Township had an average of 39 days on market in Apr 2024, up by 191.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Mackinaw Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.