With only 1.0 months of inventory, Mackinaw remains a seller's market. Home prices have increased 23.1% in the past month alone. At the current pace, all available homes in Mackinaw would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 31 days to sell, which is 0 days longer than this time last year. A significant 66.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (66.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Mackinaw market with the affordability index at 517.4. Based on current market indicators, home prices in Mackinaw are projected to decrease by approximately 18.8% over the next month.