The housing market in the Macomb, IL Metro Area is relatively affordable when compared to the national median home value of $338,100. The median house value in Macomb is currently $87,900 and has seen an appreciation of 7.95% in the past year. Although this rate of appreciation is lower than the US rate of 8.27%, it still indicates a healthy housing market in Macomb, IL.
The median home cost in Macomb Metro Area is $87,900. Home appreciation the last 10 years has been 30.2%. Home Appreciation in Macomb Metro Area is up 9.4%.
Average Age of Homes
- The median age of Macomb Metro Area real estate is 50 years old
The Rental Market in Macomb Metro Area
- Renters make up 33.3% of the Macomb Metro Area population
- 5.4% of houses and apartments in Macomb Metro Area, 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.