Macon County, IL Home Values & Market Trends

The median home price in Macon County, IL is $101,609.98. There were 2,332 home sales in Macon County, IL over the past 12 months. The median residential Macon County, IL home value for transactions over the previous year is $95,479.743. The number of current listings in Macon County, IL is 33, and the percentage of properties for sale is 33.00%. The county has 79 foreclosures, 10 bank owned properties, 26 headed for auction, and 33 properties for sale.

Macon County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Decatur

$ 58,843

$ 53/sqft

Argenta

$ --

$ --

Mt Zion

$ 107,606

$ 82/sqft

Oreana

$ --

$ --

Niantic

$ 109,029

$ 60/sqft

Blue Mound

$ --

$ --

Forsyth

$ 297,180

$ 82/sqft

Maroa

$ --

$ --

Boody

$ --

$ --

Elwin

$ --

$ --

Warrensburg

$ --

$ --

Harristown

$ --

$ --

Macon

$ --

$ --

Housing Market Summary for Macon County, IL

Apr 2023March 2024Change
Median Listing Price$80,500$91,00213.05%
Median Sold Price$91,054.179$91,002-0.06%
Homes For Sale831287.50%
Homes Sold1,1261,119-0.62%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Macon County, IL

Macon County, IL home values range from $16,000 to $2,067,865. Forsyth is the priciest city with a median listing home price of $314,500, and Decatur is most affordable with average house prices of around $67,700.

Foreclosure
There are 13 cities within Macon County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $203,647 in Decatur to the lowest value of $20,180 in Decatur. Foreclosure homes account for 0.00% of properties in Macon County, IL with Decatur containing 72 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.11% of all residential properties in Macon County, IL with Decatur containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 13 cities within Macon County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $194,076 in Maroa to the lowest home value of $21,050 in Decatur.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Macon County, IL ranges from the highest value of $182,900 in Maroa to the lowest value of $26,592 in Decatur. Bank owned homes and properties account for 0.03% of properties in Macon County, IL. There are 13 cities within Macon County, IL; Decatur containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Decatur has 25 auction properties, the highest number of properties going to auction in a single city in the state of Macon County, IL. Auction homes and other auction properties account for 0.07% of all properties in Macon County, IL. There are 13 cities within Macon County, IL; of those cities, the median estimated home value for homes going to auction ranges from $383,216 in Argenta to the lowest value of $20,180 in Argenta.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Macon County, IL with Decatur containing 26 homes for sale, the highest number of listed properties in a single city. There are 13 cities within Macon County, IL; homes for sale in those cities, have a range of median values from $297,180 in Forsyth to the lowest value of $18,340 in Decatur.
    Sold Homes
    The median value for recently sold homes ranges from $91,466 in Elwin to the lowest price of $16,040 in Elwin. There are 13 cities within Macon County, IL. Decatur has 911 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.78% of properties in Macon County, IL.

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      Guide for Macon County, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Macon County, IL

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