McDonough County, IL Housing

The housing market in McDonough, IL County is one of the more affordable options compared to the rest of the country. The median value for homes in McDonough is $87,900, which is significantly lower than the national median value of $338,100. House appreciation over the past year has been strong in McDonough with an increase of 7.95%, just slightly less than the national average of 8.27%. This indicates that now may be a good time to buy a home in this area while prices are still relatively low.

The median home cost in McDonough County is $87,900. Home appreciation the last 10 years has been 30.2%. Home Appreciation in McDonough County is up 9.4%.

Average Age of Homes

- The median age of McDonough County real estate is 50 years old

The Rental Market in McDonough County

- Renters make up 33.3% of the McDonough County population
- 5.4% of houses and apartments in McDonough County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	McDonough, Illinois	United States
	13,714.0	139,647,020.0
	53	42
	$87,900	$338,100
	9.4%	16.6%
	29.2%	57.0%
	30.2%	101.1%
	$21.52	$10.98
	$1,915	$2,690
	51.2%	57.4%
	18.0%	11.2%
	30.8%	31.4%
Vacant Housing
	5.4%	1.9%
	2.4%	0.4%
	2.3%	0.7%
	0.5%	0.4%
	1.2%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	7.1%	2.4%
	11.8%	2.8%
	16.3%	3.9%
	18.5%	4.5%
	20.8%	11.3%
	9.2%	13.0%
	7.9%	20.1%
	2.8%	13.6%
	1.1%	8.3%
	0.4%	9.7%
	0.3%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.0%	13.6%
	9.0%	13.6%
	10.8%	13.6%
	8.5%	13.2%
	17.3%	14.8%
	10.8%	13.6%
	11.6%	10.0%
	5.1%	4.7%
	25.1%	12.2%

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