Home Values

Mackinaw Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$155,600

  • 2.2% 1-year change
  • 0.0% 1-year forecast

The median home value in Mackinaw is $155,600. Mackinaw home values have gone up 2.2% over the past year and Zillow predicts they will rise 0.0% within the next year. The median list price per square foot in Mackinaw is $100, which is higher than the Peoria Metro average of $89. The median price of homes currently listed in Mackinaw is $169,900 while the median price of homes that sold is $160,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mackinaw is 1.2%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mackinaw homeowners underwater on their mortgage is 10.9%.

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Relative ZHVI
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Mackinaw Market Overview

Data through Jan 31, 2015
  • $155,600 ZHVI
  • 0.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $169,900 Median listing price
  • No recent data Median sale price
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Mackinaw Market Health

Data through Jan 31, 2015
  • 5.5/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 10.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Morton $175,900
Groveland $175,600
Tremont $155,100
Name Median ZHVI
Washington $146,200
Deer Creek $141,500
Danvers $134,500
Name Median ZHVI
Hopedale $132,600
Eureka $124,600
Minier $124,400

Listings & Sales

Data through Jan 31, 2015
  • $100 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
18.2%
Sold below listing
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Mackinaw Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,270 Mackinaw
    $1,091 Peoria Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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