Macomb, IL Foreclosures
How much do homes sell for in Macomb, IL?
The average home price is currently $147,024.
In Macomb, IL, how many homes are available?
There are currently 21 active home listings available in Macomb.
What’s the average rental cost in Macomb, IL?
The average rental price in Macomb is $1,150.
What is the most expensive home in Macomb?
The most expensive home sold in Macomb had a price of $6,503,260.
What is currently the cheapest priced home in Macomb, IL?
The cheapest home for sale in Macomb is priced at $10,900.
Living in Macomb, IL
Macomb, Illinois, is a charming city with a welcoming community atmosphere. With access to educational facilities like Western Illinois University, the area boasts a blend of cultural experiences and recreational options. The city offers various amenities, making it an attractive place to live, work, and play.
Current Market Conditions in Macomb, IL
The real estate market in Macomb is currently experiencing a balanced state, with a healthy mix of buyers and sellers. Home prices have shown a steady increase, making this an appealing time for investment as demand remains strong, especially among new graduates and families.
There has been a noticeable uptick in new construction within the community, providing a variety of options for home buyers. The steady employment rate, largely supported by the university and local businesses, has contributed positively to market stability, encouraging more homeownership.
The rental market is also flourishing, indicating a growing interest from non-permanent residents looking for comfortable living options near the university and local industries.
Home Value Estimator For Macomb, IL
There are currently 5,409 real estate properties
in Macomb, IL,
with a median automated valuation model (AVM) price
of $106,330.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Macomb, 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 Macomb, IL,
is $147,024.00, with the most expensive house
in Macomb, IL, topping out
at $6,503,260.00 and the cheapest home
in Macomb, IL,
clocking in at $10,900.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Macomb, IL!
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.
Learn more on Foreclosure homes
