Market Overview
Home Prices in Macomb, IL
The median home value in Macomb, IL is $111,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and down 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Macomb are priced73% below average. Macomb is part of the Macomb, IL metro area.
Over the past five years, Macomb home values have risen by approximately12.0%, reflecting steady appreciation in this market.
Price History
Macomb Home Price Trend
2020
$94,708
$95K
—
2021
$99,366
$99K
+4.9%
2022
$104,002
$104K
+4.7%
2023
$107,451
$107K
+3.3%
2024
$113,026
$113K
+5.2%
2025
$109,701
$110K
-2.9%
2026
$111,291
$111K
+1.4%
City Comparison
Macomb vs. National Median
🏠 Macomb
$111,291
National Median
$410,000
At $111,291, homes in Macomb cost 73% below the national median of $410,000. This makes Macomb a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Macomb?
20% Down Payment
$22,258
on $111,291
Monthly P&I
$580/mo
30-yr @ 6.8%
Total Monthly Est.
~$737/mo
incl. taxes & insurance
Income Needed
$29,480
gross annual (30% rule)
10% Down Option
$11,129
+ PMI applies
Loan Amount (20% dn)
$89,033
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Macomb, IL?
The median home value in Macomb is $111,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Macomb?
Over the past year, home values in Macomb have increased by 1.4%. Over five years, prices have risen approximately 12.0%.
How much do I need to earn to buy a home in Macomb?
To comfortably afford the median home price of $111,291 with a 20% down payment ($22,258) at today's rates (6.8%), you'd need a gross annual income of approximately $29,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Macomb compare to the national average home price?
The national median home value is approximately $410,000. At $111,291, homes in Macomb are 73% below the national average.
What metro area is Macomb part of?
Macomb is part of the Macomb, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.