The housing market in Macon, IL is thriving and provides an affordable option for buyers. The median value of a house in Macon, IL is $114,400 which is significantly lower than the US median value of $338,100. In the past year alone, the appreciation rate of houses in Macon has been 10.25%, higher than the national average appreciation rate of 8.27%. With such a competitive housing market and great potential for growth, Macon is an attractive destination for buyers looking to invest in their future.
The median home cost in Macon is $114,400. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Macon is up 11.6%.
Average Age of Homes
- The median age of Macon real estate is 59 years old
The Rental Market in Macon
- Renters make up 18.9% of the Macon population
- 11.2% of houses and apartments in Macon, 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.