Macon County, Illinois Housing Market
In Macon County, Illinois, the median home value is $127,300, with a median monthly rent of $847. This places Macon County at #2518 nationally out of 3134 counties by median home value, and #60 within Illinois.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,359
- Establishments: 1,845
- BLS QCEW, 2025
Housing Supply
- Single-family: 32
- Multi-family: 6
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 40,848 (avg $76,085)
- Outflow: 39,377 (avg $77,163)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Macon County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62539 | 216.1 | — | 2025 |
| 2 | 62573 | 177.1 | -11.62% | 2025 |
| 3 | 62549 | 196.0 | +10.12% | 2025 |
| 4 | 62522 | 168.4 | +4.42% | 2025 |
| 5 | 62535 | 185.8 | +6.26% | 2025 |
| 6 | 62521 | 176.7 | +6.52% | 2025 |
| 7 | 62526 | 168.8 | +3.65% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
📝 Editor's Insight
None
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Macon County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Macon County →How Macon County Compares
| Metric | Macon County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $127,300 | $153,019 | $227,706 |
| Median Gross Rent | $847 | $867 | $968 |
| Owner Occupancy Rate | 70.2% | 75.8% | 73.3% |
| Price/Rent Ratio | 12.5 | 14.5 | 18.7 |
Market Analysis
The median home value in Macon County is 16.8% below the Illinois state average and 44.1% below the U.S. national average. The median rent of $847/month is 2.3% below the state average.
With a price-to-rent ratio of 12.5, buying a home in Macon County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Macon County has an owner-occupancy rate of 70.2%, compared to 75.8% in Illinois and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Liberty County | Florida | $127,300 | $943 |
| Crittenden County | Kentucky | $127,300 | $714 |
| Coles County | Illinois | $127,400 | $780 |
| Muhlenberg County | Kentucky | $127,400 | $718 |
| Whiteside County | Illinois | $127,100 | $856 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Coles County | $127,400 | $780 | 60.4% |
| Whiteside County | $127,100 | $856 | 76.9% |
| Bureau County | $126,900 | $832 | 76.1% |
| Cumberland County | $126,000 | $772 | 84.2% |
| Jefferson County | $126,000 | $885 | 71.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).