Effingham, IL Metro Area - Investment Guide
Metro Area • 9 Cities • 9 ZIP Codes
Avg Home Value
$205,577
Avg Monthly Rent
$855
Avg Cap Rate
3.46%
Avg Investability
3.0 ★
Cities
9
ZIP Codes
9
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Effingham, IL Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
12.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Effingham, IL
Every ZIP in the metro, ranked four ways. Free.
Cities in Effingham, IL
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 62401 | Effingham | IL | $230,674 | $828 | 2.80% | |
| 62411 | Altamont | IL | $169,753 | $945 | 4.34% | |
| 62414 | Beecher City | IL | $192,221 | $891 | 3.62% | |
| 62467 | Teutopolis | IL | $266,466 | $828 | 2.42% | |
| 62424 | Dieterich | IL | $243,477 | $828 | 2.65% | |
| 62426 | Edgewood | IL | $113,660 | $828 | 5.68% | |
| 62401 | Effingham | IL | $237,548 | $828 | 2.72% | |
| 62443 | Mason | IL | $191,578 | $873 | 3.55% | |
| 62461 | Shumway | IL | $225,018 | $846 | 2.93% | |
| 62411 | Altamont | IL | $173,731 | $945 | 4.24% | |
| 62414 | Beecher City | IL | $197,383 | $891 | 3.52% | |
| 62467 | Teutopolis | IL | $263,223 | $828 | 2.45% | |
| 62424 | Dieterich | IL | $251,424 | $828 | 2.57% | |
| 62473 | Watson | IL | $165,217 | $828 | 3.91% | |
| 62401 | Effingham | IL | $225,619 | $828 | 2.86% | |
| 62426 | Edgewood | IL | $111,809 | $828 | 5.78% | |
| 62443 | Mason | IL | $198,881 | $873 | 3.42% | |
| 62411 | Altamont | IL | $165,629 | $945 | 4.45% | |
| 62414 | Beecher City | IL | $186,105 | $891 | 3.73% | |
| 62461 | Shumway | IL | $226,600 | $846 | 2.91% | |
| 62424 | Dieterich | IL | $236,991 | $828 | 2.73% | |
| 62467 | Teutopolis | IL | $277,542 | $828 | 2.33% | |
| 62426 | Edgewood | IL | $113,721 | $828 | 5.68% | |
| 62473 | Watson | IL | $175,277 | $828 | 3.68% | |
| 62401 | Effingham | IL | $237,706 | $828 | 2.72% | |
| 62443 | Mason | IL | $185,343 | $873 | 3.67% | |
| 62461 | Shumway | IL | $220,929 | $846 | 2.99% | |
| 62411 | Altamont | IL | $169,585 | $945 | 4.35% | |
| 62414 | Beecher City | IL | $191,480 | $891 | 3.63% | |
| 62467 | Teutopolis | IL | $259,162 | $828 | 2.49% | |
| 62424 | Dieterich | IL | $247,343 | $828 | 2.61% | |
| 62473 | Watson | IL | $159,846 | $828 | 4.04% | |
| 62401 | Effingham | IL | $229,473 | $828 | 2.81% | |
| 62426 | Edgewood | IL | $111,221 | $828 | 5.81% | |
| 62443 | Mason | IL | $194,245 | $873 | 3.51% | |
| 62411 | Altamont | IL | $159,387 | $945 | 4.62% | |
| 62461 | Shumway | IL | $228,547 | $846 | 2.89% | |
| 62414 | Beecher City | IL | $178,222 | $891 | 3.90% | |
| 62424 | Dieterich | IL | $236,410 | $828 | 2.73% | |
| 62467 | Teutopolis | IL | $274,017 | $828 | 2.36% | |
| 62426 | Edgewood | IL | $100,578 | $828 | 6.42% | |
| 62473 | Watson | IL | $168,816 | $828 | 3.83% | |
| 62401 | Effingham | IL | $234,107 | $828 | 2.76% | |
| 62411 | Altamont | IL | $169,862 | $945 | 4.34% | |
| 62414 | Beecher City | IL | $192,520 | $891 | 3.61% | |
| 62467 | Teutopolis | IL | $266,466 | $828 | 2.42% | |
| 62424 | Dieterich | IL | $243,813 | $828 | 2.65% | |
| 62401 | Effingham | IL | $229,473 | $828 | 2.81% | |
| 62426 | Edgewood | IL | $118,012 | $828 | 5.47% | |
| 62411 | Altamont | IL | $159,387 | $945 | 4.62% |
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About Effingham, IL Real Estate Market
The Effingham, IL metropolitan statistical area (MSA) encompasses 9 cities and 9 ZIP codes. The average home value across the metro is $205,577, with an average monthly rent of $855. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.