Real Estate Investing in Matherville, Illinois (61263)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61263 (Matherville, 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: 8.3% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Matherville, IL (61263)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61263 Matherville
Not every below-median market is a bargain. Matherville's 61263 ZIP records signals that favor experienced operators who can absorb the risk $140K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 61263 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
On balance, 61263 offers a low basis, the region around Matherville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A resilient renter share of 30% in 61263 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 61263 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Matherville:
Market Trends
Home Value History (with trend line)
📊 How Does 61263 Compare?
| Metric | 61263 | Matherville | Illinois |
|---|---|---|---|
| Home Value | $139,892 | $139,892 | $279,761 |
| 5-Year CAGR | 7.8% | 7.8% | 6.6% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 4.9% | 4.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61263 (Matherville, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61263 (Matherville, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $139,892 |
| Monthly Rent | $882 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 12.7% |
📈 Home Appreciation
| 1-Year | +18.5% ▲ |
| 3-Year CAGR | +10.5% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | N/A |
🏠 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 61263
Population: 718
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 61263
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.
Frequently Asked Questions
What do landlords charge for rent in Matherville, IL?
Rent in Matherville, IL is around $882/mo. The resulting rent-to-value relationship with $140K pricing is reasonable for most investor models.
Is the tenant base reliable in Matherville, IL?
Tenant demand in Matherville, IL is solid. The local workforce $882/mo rents across most rental classes.
How tight is the rental market in Matherville, IL?
Vacancy risk in Matherville, IL is elevated. That supports steady cash flow for typical rental holds.
Which real estate strategy fits Matherville, IL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Matherville, IL. The numbers - $140K homes against $882/mo rents - support that play.
Is real estate in Matherville, IL a good investment right now?
Matherville, IL rates 3.0/5 for investability. With median values at $140K and rents near $882/mo, the market offers reasonable fundamentals for rental investors.
You know 61263 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61263 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 61263 ranks in Davenport-Moline-Rock Island, IA-IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61263 (Matherville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61263 (Matherville, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.