Real Estate Investing in Coulterville, Illinois (62237)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62237 (Coulterville, 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.
- High vacancy: 16.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Coulterville, IL (62237)?
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Market Analysis: 62237 Coulterville
Investors eyeing 62237 need to respect the fundamentals at play. Home values of $155K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 62237 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
On balance, 62237 offers a low basis, the region around Coulterville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
From an investor standpoint, 2,322 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 62237 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Coulterville:
Market Trends
Home Value History (with trend line)
📊 How Does 62237 Compare?
| Metric | 62237 | Coulterville | Illinois |
|---|---|---|---|
| Home Value | $154,846 | $154,846 | $279,761 |
| 5-Year CAGR | 6.0% | 6.0% | 6.6% |
| Avg Rent | $909 | $909 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62237 (Coulterville, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,846 |
| Monthly Rent | $909 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +16.8% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +2.8% ▲ |
🏠 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 (4.6%). 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 62237
Population: 2,322
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 62237
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 is it like being a landlord in Coulterville, IL?
IL ranks as a landlord-friendly state for landlord-tenant law. Coulterville generally follows the statewide framework, so landlords face reasonable operating rules.
What monthly rent should investors expect in Coulterville, IL?
Rental rates in Coulterville, IL average $909/mo. Tenant demand and $155K home values make the yield look reasonable by investor standards.
How qualified is the tenant pool in Coulterville, IL?
Expect a solid tenant pool in Coulterville, IL. The rental market absorbs $909/mo rents without meaningful friction.
Can owner-occupants cash flow in Coulterville, IL?
Coulterville, IL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $909/mo rent level.
What real estate strategy is ideal for Coulterville, IL?
Coulterville, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($155K prices, $909/mo rents) make it a reasonable choice.
You know 62237 now. You don’t know where it ranks.
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