Real Estate Investing in Spring Valley, Illinois (61362)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61362 (Spring Valley, IL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.0% 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 Spring Valley, IL (61362)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61362 Spring Valley
ZIP 61362 in Spring Valley, IL carries a robust set of headwinds. Home values near $145K and rents of $1,071/mo sit inside a market where underwriting has to be tight.
The 61362 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Stepping back, 61362 offers a low basis, the region around Spring Valley has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 61362 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. impressive returns are possible in 61362, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Spring Valley:
Property Strategy for 61362
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $101,239 | $1,190 | 8.5% | +10.0% | $50,619 |
| 3BR | $161,802 | $1,470 | 6.5% | +8.4% | $53,934 |
Market Trends
Home Value History (with trend line)
📊 How Does 61362 Compare?
| Metric | 61362 | Spring Valley | Ottawa, IL | Illinois |
|---|---|---|---|---|
| Home Value | $144,949 | $149,354 | N/A | $279,761 |
| 5-Year CAGR | 5.0% | 5.9% | N/A | 6.6% |
| Avg Rent | $1,071 | $990 | N/A | - |
| Cap Rate | 5.8% | 5.2% | - | - |
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 61362 (Spring Valley, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,949 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.9% |
| Cap Rate | 5.8% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (5.8%). 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 61362
Population: 5,773
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 61362
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Ladd Comm Cons Sch
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
Investor Insight: With 568 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Spring Valley, IL?
Spring Valley, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Spring Valley, IL a good place for real estate investing?
Spring Valley, IL reflects an investability rating of 3.0/5, with median home values near $145K and average rents around $1,071/mo. That combination puts it in the resilient tier for investor interest.
Is it easy to find good tenants in Spring Valley, IL?
The renter base in Spring Valley, IL is reasonable for the $1,071/mo price point. Screening well and pricing to market typically yields measured tenants.
Is IL a landlord-friendly state?
The landlord environment in Spring Valley, IL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the average home sale price in Spring Valley, IL?
Typical homes in Spring Valley, IL go for around $145K. The 5-year CAGR of 0.0% measured price movement.
You know 61362 now. You don’t know where it ranks.
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How 61362 ranks in Ottawa, IL
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