Macomb, IL Housing Market
AI-powered market intelligence for the Macomb, IL metro area.
PropertyIQ Scores
Macomb, IL Market Analysis
Market Overview
Macomb, IL is a moderate housing market, reflected in its PropertyIQ Score of 56 out of 100. The score is supported by positive home value momentum—8.55% over 12 months and 1.19% over three months—plus a median of 68 days on market and a 23.7% share of listings with a price cut. These metrics point to a market that is neither overheated nor distressed, but moving at a measured pace.
Compared with state benchmarks, Macomb is distinctly low-cost. The median home value of $101,351 is about one-third of the state median of $297,573, while the rent index of $833 is well below the state average of $1,274. Median household income is $52,795, roughly 63% of the state median of $83,390, and the unemployment rate matches the state at 4.9%. With 114 homes for sale, the market offers some inventory and buyer choice, though the price-cut share suggests sellers may need competitive pricing.
Key Trends
First, home values show modest momentum. The 12-month momentum of 8.55% and 3-month momentum of 1.19% indicate gradual appreciation, even as the listed year-over-year dollar change is just $6. This suggests gains are contained in absolute dollar terms relative to a median home value of $101,351.
Second, inventory and pricing activity point to a balanced market. The median of 68 days on market and 23.7% share of listings with a price cut indicate buyers have time and some negotiation room, rather than a fast-moving seller's market.
Third, affordability is strong relative to state benchmarks. The median home value of $101,351 is far below the state's $297,573. Even with a lower median household income of $52,795, the local price-to-income ratio is about 1.9, compared with roughly 3.6 for the state, meaning housing is more attainable for local residents.
Fourth, rental costs are lower. The rent index of $833 is below the state average of $1,274, reinforcing Macomb's position as a low-cost market. This may benefit renters but also caps typical rental income for investors.
Who Is This Market For
This market suits first-time homebuyers seeking an affordable entry point. With a median home value of $101,351 and median household income of $52,795, the local price-to-income relationship is more favorable than the state average. Buyers priced out of higher-cost areas may find options here.
It may also suit budget-conscious investors who prioritize lower acquisition costs over high rents. The rent index of $833 is modest, but so is the typical home value at $101,351. Investors should weigh the 23.7% price-cut share and 68 days on market, which suggest disciplined pricing matters and properties may not move quickly.
The market is less suited to those seeking rapid appreciation or fast turnover. The PropertyIQ Score of 56/100 and moderate sales pace align more with steady, lower-cost ownership than aggressive price growth.
Outlook
Macomb is positioned for modest, steady conditions. Positive 12-month and 3-month home value momentum supports some value stability, but 68 days on market and a 23.7% price-cut share indicate demand is not strong enough to drive sharp price gains. Affordability relative to state benchmarks may continue to attract budget-conscious buyers and renters. Unemployment at 4.9%, matching the state, provides a stable employment backdrop. However, population growth data is not available, limiting longer-term demand projections. Based on the available numbers, the most likely path is continued moderate activity with limited absolute appreciation, supported by affordability but tempered by balanced inventory and regular price reductions.
AI-generated analysis based on current market data. Last updated October 1, 2026.
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Macomb, IL market data
Macomb, IL Housing Market Overview
Macomb, IL's median home value is $101K, up 8.5% over the past year. Homes here sell in a median 68 days. Its PropertyIQ Score of 56 sits right around the state average of 50.
PropertyIQ tracks the Macomb, IL housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this IL market is set to perform against its state benchmark.
Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets. Within the Midwest, Macomb, IL's PropertyIQ Score of 56 tracks near the Midwest norm.
For the Macomb, IL market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 8.5% over the past year.
Use PropertyIQ's interactive analytics to compare Macomb, IL against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Macomb, IL a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Macomb, IL currently scores 56, a steady-momentum reading that leaves it tracking close to its state average. For buyers, a balanced market means neither side holds a decisive edge, giving you time to shop carefully without racing the clock. Backing that up, the median home value here is $101K, up 8.5% over the past year. So whether Macomb, IL is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Macomb, IL?
Macomb, IL's PropertyIQ Score is 56, indicating steady momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 56 places Macomb, IL above its state benchmark.
Are home prices in Macomb, IL rising or falling?
Home prices in Macomb, IL are rising. Over the past year, the median home value increased 8.5%, reaching $101K. Over the latest three months, values moved up 1.2%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Macomb, IL's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Macomb, IL?
In Macomb, IL, homes sell in a median of 68 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 24% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Macomb, IL market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.