Macomb, IL home prices
Typical home $101,314 · +3.4% in a year · income needed $33,200
The Macomb, IL metro area ranks 884 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.4% in a year and +10.1% over five years. With 20% down at 7.11%, the typical home costs about $775 a month including 2.13% property tax (McDonough County rate).
Mortgage on the typical Macomb home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $20,263 | $81,051 | $545 | $0 | $230 | $775 | $33,200 |
| 10% down | $10,131 | $91,182 | $613 | $38 | $230 | $881 | $37,800 |
| 5% down | $5,066 | $96,248 | $647 | $40 | $230 | $918 | $39,300 |
| 3.5% down (FHA) | $3,546 | $99,479 | $669 | $45 | $230 | $944 | $40,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.13% 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.
Counties in the Macomb area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| McDonough County, IL | $101,292 | +3.4% | 2.13% |
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Frequently asked questions
How much is a house in Macomb?
The typical home in the Macomb, IL metro area is worth $101,314 (Zillow, September 2026).
What salary do you need to buy a house in Macomb?
About $33,200 a year for the typical home with 20% down at 7.11%.