Market Overview
Home Prices in Macon, IL
The median home value in Macon, IL is $164,992 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.8% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Macon are priced60% below average. Macon is part of the Decatur, IL metro area.
Over the past five years, Macon home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Macon Home Price Trend
2020
$115,928
$116K
—
2021
$125,415
$125K
+8.2%
2022
$133,379
$133K
+6.4%
2023
$136,227
$136K
+2.1%
2024
$148,387
$148K
+8.9%
2025
$151,623
$152K
+2.2%
2026
$164,992
$165K
+8.8%
City Comparison
Macon vs. National Median
🏠 Macon
$164,992
National Median
$410,000
At $164,992, homes in Macon cost 60% below the national median of $410,000. This makes Macon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Macon?
20% Down Payment
$32,998
on $164,992
Monthly P&I
$861/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,093/mo
incl. taxes & insurance
Income Needed
$43,720
gross annual (30% rule)
10% Down Option
$16,499
+ PMI applies
Loan Amount (20% dn)
$131,994
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 Macon, IL?
The median home value in Macon is $164,992 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.8% year-over-year.
How much have home prices changed in Macon?
Over the past year, home values in Macon have increased by 8.8%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Macon?
To comfortably afford the median home price of $164,992 with a 20% down payment ($32,998) at today's rates (6.8%), you'd need a gross annual income of approximately $43,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Macon compare to the national average home price?
The national median home value is approximately $410,000. At $164,992, homes in Macon are 60% below the national average.
What metro area is Macon part of?
Macon is part of the Decatur, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.