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Featured local agent — Mackinaw, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Mackinaw, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Mackinaw, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Mackinaw, IL Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$185,000median sale price

How is the Mackinaw, IL housing market right now?

The median home sale price in Mackinaw, IL is $185,000. Homes sell in an average of 165 days with 5 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Mackinaw a buyer's or seller's market?

Leaning buyer's5.0 months of supply165 avg. days on market

Mackinaw, IL is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 165 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

165

Average pace

Active listings

5

5.0 months supply

Sale-to-list

97.4%

Below asking

What does the Mackinaw housing market data show?

Current housing market statistics for Mackinaw, IL
MetricValue
Median sale price$185,000
Median list price$309,900
Average days on market165 days
Active inventory5 listings
Months of supply5.0 months
Sale-to-list price ratio97.4%
Median price per sq ft$90/sq ft
Homes sold (latest month)1
New listings (latest month)4
Listings with a price cut20.0%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Mackinaw by property type?

How the Mackinaw, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Mackinaw, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$185,000$90/sq ft1165 days
Townhouse$195,000$150/sq ft115 days

Source: Redfin · Updated monthly

The Mackinaw housing market is currently classified as a leaning buyer's with a median sale price of $185,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 165 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Mackinaw

There are currently 5 homes listed for sale in Mackinaw, Illinois. The median listing price is $310K.

Active listings

5

Homes on market

Median list price

$310K

Avg. days on market

165

Days until sale

New this week

4

Newly listed

Price drops:20.0%of listings
Sale-to-list:97.4%

Who lives in Mackinaw?

Population

1,869

Median income

$71,875/yr

Median age

36.2 years

Owner-occupied

66.2%

College grads

22.4%

Avg commute

24.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Mackinaw?

Zillow home value

$258,990

Price-to-income

3.6x

Source: Zillow Research

What is it like to live in Mackinaw?

Mackinaw is a community of approximately 2K residents with a median age of 36.2 years.The median household income is $71,875, which represents a working-class community with solid middle-income opportunities. 22.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 66.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mackinaw offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Mackinaw?

2 schools tracked · 735 students

The largest public schools serving Mackinaw, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Dee-Mack Primary/Jr High

Grades PK-8 · 446 students

Public

Dee-Mack High School

Grades 9-12 · 289 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Mackinaw, IL?

Want a head-to-head view? Compare Mackinaw side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Mackinaw?

The median home sale price in Mackinaw is $185,000, down 0.0% from last year.

How long do homes stay on market in Mackinaw?

Homes typically spend 165 days on market before going under contract.

What is the median income in Mackinaw?

The median household income is $71,875 per year.

Is Mackinaw a buyer's or seller's market?

With 5.0 months of supply, Mackinaw is currently a leaning buyer's.

What is the Zillow home value estimate for Mackinaw?

The Zillow Home Value Index (ZHVI) for Mackinaw is $258,990, representing the typical home value in the area.

How much does a single-family home cost in Mackinaw?

The median single-family home price in Mackinaw, IL is $185,000 (about $90 per square foot).

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