Housing in 62860 Macedonia, IL is highly affordable with a median value of $116,300 compared to the US House Median Value of $338,100. In recent years, this area has seen an impressive increase in house appreciation at 18.28% over the past year which is significantly higher than the national average of 8.27%. With such a great appreciation rate and relatively low median value, it is no wonder that housing in 62860 Macedonia, IL continues to be an attractive option for many looking for an affordable and growing real estate market.
The median home cost in Macedonia (zip 62860) is $116,300. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Macedonia (zip 62860) is up 11.3%.
Average Age of Homes
- The median age of Macedonia (zip 62860) real estate is 36 years old
The Rental Market in Macedonia (zip 62860)
- Renters make up 13.6% of the Macedonia (zip 62860) population
- 1.9% of houses and apartments in Macedonia (zip 62860), 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.