Macomb, IL has a median housing value of $94,100, which is much lower than the US median of $338,100. The appreciation rate for housing in Macomb, IL is 7.76%, slightly lower than the US rate of 8.27% over the past year. This indicates that while Macomb's housing values are lower than those in other parts of the country, they have been growing steadily in value over the past year.
The median home cost in Macomb is $94,100. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Macomb is up 8.9%.
Average Age of Homes
- The median age of Macomb real estate is 48 years old
The Rental Market in Macomb
- Renters make up 46.4% of the Macomb population
- 7.9% of houses and apartments in Macomb, 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.