Macedonia, IL has a median house value of $76,900, which is significantly lower than the US housing median of $338,100. However, the 1 year appreciation rate in Macedonia is higher than the national average at 18.28%, compared to 8.27%. This suggests that housing prices in Macedonia are increasing more quickly than in most other areas of the country. With this trend continuing, Macedonia could be an attractive housing market for those looking to invest or purchase a new home.
The median home cost in Macedonia is $76,900. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Macedonia is up 11.3%.
Average Age of Homes
- The median age of Macedonia real estate is 26 years old
The Rental Market in Macedonia
- Renters make up 2.4% of the Macedonia population
- 20.0% of houses and apartments in Macedonia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.