Macon County, Illinois home prices
Typical home $124,658 · +4.2% in a year · property tax 2.12%
The typical home in Macon County is worth $124,658, 58% less than the Illinois typical home ($295,943). Values changed +4.2% in the past year and +29.7% over five years. Homeowners here pay a median 2.12% of their home's value in property tax each year ($2,640 on the typical home), versus 1.92% statewide.
Mortgage on the typical Macon County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $24,932 | $99,726 | $671 | $0 | $282 | $953 | $40,900 |
| 10% down | $12,466 | $112,192 | $755 | $47 | $282 | $1,084 | $46,400 |
| 5% down | $6,233 | $118,425 | $797 | $49 | $282 | $1,128 | $48,400 |
| 3.5% down (FHA) | $4,363 | $122,400 | $823 | $55 | $282 | $1,161 | $49,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.12% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Illinois · part of the Decatur metro area.
Illinois counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Marion County | $124,595 | +6.9% | 1.71% |
| Wayne County | $125,180 | +3.5% | 1.49% |
| Henderson County | $125,477 | +5.4% | 1.58% |
| Greene County | $123,704 | +3.6% | 1.74% |
| Fulton County | $121,016 | +5.4% | 2.14% |
| Pike County | $120,686 | +5.3% | 1.53% |
| Knox County | $120,138 | +11.8% | 1.96% |
| Hamilton County | $119,299 | -2.5% | 1.33% |
| Perry County | $118,878 | +0.9% | 1.6% |
| Edwards County | $118,550 | +0.6% | 1.45% |
Frequently asked questions
What is the average home price in Macon County, IL?
The typical home value in Macon County is $124,658 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Macon County?
About $40,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Macon County?
The median effective rate is 2.12% of home value a year (Census ACS 2024 5-year estimates).