Multi-family Foreclosures in Macomb, IL

Current Market Conditions in Macomb, IL

The real estate market in Macomb is currently experiencing moderate growth, characterized by stable home prices and increasing demand. The affordability of properties, especially compared to neighboring larger cities, enables investors to find valuable opportunities within the market.

Recent trends indicate a rising interest from both families and university staff in purchasing homes, leading to a gradual increase in property values. Investors can benefit from this upward trend while still acquiring properties at reasonable prices.

Rent Prices In Macomb, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Macomb, IL, is on a rollercoaster ride. The average rent price in Macomb, IL, is $1,150.00. Indeed, when looking to rent in Macomb, IL, you can expect to pay as little as $600.00 or as much as $3,180.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Macomb, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.