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Condo Foreclosures in Macedonia, IL 62860

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Macedonia, IL Foreclosures

Current Market Conditions in in Macedonia, IL As of February 2026?
Over the past month, the real estate market in Macedonia has seen moderate activity. While inventory remains limited, buyer interest appears to have slightly increased, leading to quicker sales on homes that are well-priced. The average days on market have decreased, indicating heightened competition among buyers.
How much do homes sell for in Macedonia, IL?
The average home price is currently $175,457.
What’s the average rental cost in Macedonia, IL?
The average rental price in Macedonia is $975.
What is the most expensive home in Macedonia?
The most expensive home sold in Macedonia had a price of $586,463.
What is currently the cheapest priced home in Macedonia, IL?
The cheapest home for sale in Macedonia is priced at $24,551.

Living in Macedonia, IL

Macedonia, IL is a quaint rural community known for its friendly residents and access to natural outdoor recreation. With a cost-effective lifestyle and a strong sense of community, Macedonia offers a peaceful living experience away from the hustle and bustle of city life. Families seeking a safe environment will find this small town an ideal place to settle down.

Buyer vs Seller Market in Macedonia, IL

The real estate market in Macedonia is relatively stable, with demand for homes remaining consistent as more individuals and families seek the charm of rural living. The area is seeing a gradual increase in home values and sales due to its appeal as a quiet community with access to nature.

Recent trends indicate a slight uptick in new constructions as developers recognize the potential for growth in this serene area, attracting those who wish to escape city life.

Home Value Estimator For Macedonia, IL

There are currently 237 real estate properties in Macedonia, IL, with a median automated valuation model (AVM) price of $148,808.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Macedonia, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Macedonia, IL, is $175,457.00, with the most expensive house in Macedonia, IL, topping out at $586,463.00 and the cheapest home in Macedonia, IL, clocking in at $24,551.00. In other words, there’s something for every potential homebuyer or savvy investor in Macedonia, IL!

Rent Prices In Macedonia, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Macedonia, IL, is on a rollercoaster ride. The average rent price in Macedonia, IL, is $975.00. Indeed, when looking to rent in Macedonia, IL, you can expect to pay as little as $570.00 or as much as $1,780.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Macedonia, 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.

Macedonia, IL 62860 Condos

Market Trend for Macedonia, IL

Total Listings Available: 0

Market Values:

Home Prices from $24,551 to $586,463

Average Sales Price: $175,457

Rental Values:

Rental from $570 to $1,780

Average Rent Value: $975 / month

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