Real Estate Investing in Macon, Illinois (62544)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62544 (Macon, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Macon, IL (62544)?
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Market Analysis: 62544 Macon
Not every below-median market is a bargain. Macon's 62544 ZIP posts signals that favor experienced operators who can absorb the risk $155K pricing implies.
The investment case in 62544 is solid only for operators who understand what they are buying. A $155K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 62544's metrics run below Macon County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A impressive renter share of 18% in 62544 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 62544 is an operator game, not a passive one. Looking more closely, entry prices of $155K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Macon:
Market Trends
Home Value History (with trend line)
📊 How Does 62544 Compare?
| Metric | 62544 | Macon | Decatur, IL | Illinois |
|---|---|---|---|---|
| Home Value | $154,896 | $154,896 | N/A | $279,761 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 6.6% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62544 (Macon, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,896 |
| Monthly Rent | $972 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 62544
Population: 1,719
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 62544
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the typical renter like in Macon, IL?
Macon, IL offers a reliable renter base at the $972/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strict are landlord regulations in Macon, IL?
Macon, IL operates under IL law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
How tight is the rental market in Macon, IL?
Macon, IL carries elevated vacancy risk. Expect even-keeled absorption at market rents of $972/mo.
Is Macon, IL good for house hacking?
The house hack math a challenging in Macon, IL. Owner-occupant buyers benefit from the $972/mo rents and $155K home values.
What price range are homes in Macon, IL?
The median home value in Macon, IL is roughly $155K. That puts it reasonable relative to the IL statewide average.
You know 62544 now. You don’t know where it ranks.
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How 62544 ranks in Decatur, IL
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