Real Estate Investing in Medora, Illinois (62063)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62063 (Medora, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 11.5% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
- Elevated poverty: 29.2% poverty rate — can affect rent collection.
• 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 Medora, IL (62063)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62063 Medora
ZIP 62063 in Medora, IL carries a durable set of headwinds. Home values near $178K and rents of $891/mo sit inside a market where underwriting has to be tight.
The investment case in 62063 is resilient only for operators who understand what they are buying. A $178K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Medora have seen price recovery that 62063 has not matched. Jersey data supports the view that the spread is structural rather than temporary.
Who lives in 62063 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. notable returns are possible in 62063, 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 Medora:
Market Trends
Home Value History (with trend line)
📊 How Does 62063 Compare?
| Metric | 62063 | Medora | Illinois |
|---|---|---|---|
| Home Value | $177,783 | $177,783 | $279,761 |
| 5-Year CAGR | 1.3% | 1.3% | 6.6% |
| Avg Rent | $891 | $891 | - |
| Cap Rate | 3.9% | 3.9% | - |
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 62063 (Medora, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 62063 (Medora, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $177,783 |
| Monthly Rent | $891 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +1.3% ▲ |
| 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 (3.9%). 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 62063
Population: 869
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 62063
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
Are homes affordable in Medora, IL?
Medora, IL home values average about $178K. That price point suits investors targeting rentals with $891/mo in monthly income.
Is Medora, IL good for landlords?
For rental operators, Medora, IL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How does Medora, IL stack up for property investment?
Medora, IL shows an investability rating of 2.0/5, with median home values near $178K and average rents around $891/mo. That combination puts it in the durable tier for investor interest.
What is the average monthly rent in Medora, IL?
Expect rents around $891/mo per month in Medora, IL. With home values at $178K, the yield math works out to reasonable levels for rental investors.
Is the tenant base reliable in Medora, IL?
Tenant demand in Medora, IL is solid. The local workforce $891/mo rents across most rental classes.
You know 62063 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62063 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.
AI Market Advisor
Ask questions about investing in 62063 (Medora)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 62063 (Medora, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.