Macon, IL—62544
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Macon, IL
As of Oct '25, the median home price in Macon, IL is $143,000, with a year-over-year change of 5.0%. This indicates that home prices in Macon, IL are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $143,000 | 5.0% |
| Single Family | $143,000 | 5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Macon, IL
Macon, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Macon, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Macon, IL is 33. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $115,000 | -44.0% |
Listing Count | 4 | -53.0% |
| Listings as % of Homes | 0.7% | -53.0% |
Days on Market | 33 | -21.0% |
Demographics — Macon, IL
As of the latest ACS Survey released in 2023, Macon, IL has a population of 1,720, which has increased by 7.6% over the past 5 years. Macon, IL is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,720 | 7.6% |
% Under 18 | 22.8% | 21.9% |
% Seniors | 25.0% | 20.8% |
% WFH | 5.2% | 147.6% |
% w/ College Degree | 20.6% | 7.3% |
As of the latest ACS Survey released in 2023, Macon, IL is a predominantly white area, with 96.4% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Macon, IL is black, making up 1.1% of the population. Foreign-born residents account for 0.4% of the population in Macon, IL, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.4% | 1.7% |
% Black | 1.1% | 175.0% |
% Hispanic | 0.6% | 50.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | 33.3% |
Mortgage and Risk — Macon, IL
According to HUD data as of 2023, there were 33 mortgage originations in Macon, IL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Macon, IL. Investor activity is low, as 9.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 33 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Macon, IL
Macon, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Macon, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $143,000 |
| Median Household Income | $81,900 |