Real Estate Investing in Hopedale, Illinois

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1 ZIP codes • Population: 1,504 • Tazewell County

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

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Hopedale, IL?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.2% 5yr CAGR

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 $200,267
Avg Monthly Rent $900
ZIP Codes 1

Investing in Hopedale Real Estate

With a sizable population across 1 ZIPs, Hopedale shows the kind of muted fundamentals that keep most out-of-state capital on the sidelines.

Investors considering Hopedale, IL should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rents in Hopedale at $900/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Hopedale's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Peoria, IL

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

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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

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Avg Home Value
$200,267
Avg Monthly Rent
$900
1% Rule
✗ Below
Landlord Friendly (IL)

📉 Market Crash Risk Index

Based on Peoria, IL metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
43%
Days Pending
0/2
27 days

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⚖️ Balanced Market — Peoria, IL metro
27
Days to pending
11.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Hopedale, IL

Screen every ZIP in Hopedale

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

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Frequently Asked Questions About Hopedale, IL

How do home values compare in Hopedale, IL?

Homes in Hopedale, IL typically sell near $200K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

How landlord-friendly is Hopedale, IL?

Landlord-friendliness in Hopedale, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What is the renter demographic in Hopedale, IL?

Hopedale, IL offers a even-keeled renter base at the $900/mo rent level. Tenant turnover is reasonable for well-managed properties.

Does house hacking work in Hopedale, IL?

House hacking works a challenging in Hopedale, IL. Rents of $900/mo against $200K acquisition make the strategy solid for owner-occupants.

Is Hopedale, IL a smart market for rental property?

The 3.0/5 investability rating in Hopedale, IL reflects its $200K prices and $900/mo rents. Investors generally consider it a solid option within IL.

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