Real Estate Investing in Harmon, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 410 • Lee County

☆ Watch this market Free account

Should you buy in Harmon, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 8.6% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Harmon, IL?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
2.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $216,625
Avg Monthly Rent $828
ZIP Codes 1

Investing in Harmon Real Estate

Harmon (Illinois) spans 1 ZIPs and roughly a sizable population. clearly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Across Harmon's 1 ZIPs, fundamentals run lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Market conditions in Harmon are tepid. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

A an established population with $N/AK household income profile is what makes Harmon a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Dixon, IL

Harmon is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Harmon, IL. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Harmon, IL?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$216,625
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (IL)

📉 Market Crash Risk Index

Based on Dixon, IL metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Dixon, IL metro
0
Days to pending
11.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Harmon, IL

Screen every ZIP in Harmon

Filter Harmon’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Harmon, IL

Does Harmon, IL favor landlords or tenants?

Rental owners in Harmon, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Is Harmon, IL a smart market for rental property?

The 2.0/5 investability rating in Harmon, IL reflects its $217K prices and $828/mo rents. Investors generally consider it a solid option within IL.

What is the average home sale price in Harmon, IL?

Expect median prices around $217K in Harmon, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

How much rent can I charge in Harmon, IL?

Rents in Harmon, IL run near $828/mo. Compared with median home prices of $217K that produces solid gross yields for typical rentals.

Can owner-occupants cash flow in Harmon, IL?

Harmon, IL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $217K price point reasonable to enter.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Harmon, IL.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.