Real Estate Investing in West York, Illinois (62478)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62478 (West York, IL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.3% 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 West York, IL (62478)?
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Market Analysis: 62478 West York
ZIP 62478 inside Clark County looks affordable on the surface — median value of $158K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,107/mo on a $158K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 62478 sits below the stated 0.0% once reality is priced in.
ZIP 62478's metrics run below Clark County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 62478 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 62478 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in West York:
Market Trends
Home Value History (with trend line)
📊 How Does 62478 Compare?
| Metric | 62478 | West York | Illinois |
|---|---|---|---|
| Home Value | $157,954 | $157,954 | $279,761 |
| 5-Year CAGR | N/A | N/A | 6.6% |
| Avg Rent | $1,107 | $1,107 | - |
| Cap Rate | 5.5% | 5.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62478 (West York, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $157,954 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | N/A |
| 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 (5.5%). 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 62478
Population: 308
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the average home sale price in West York, IL?
Expect median prices around $158K in West York, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
How quickly do rentals get leased in West York, IL?
Vacancy risk in West York, IL is elevated. That supports even-keeled cash flow for typical rental holds.
Are renters plentiful in West York, IL?
Working renters make up the core of the West York, IL tenant base. The pool is reasonable for investors targeting long-term holds.
What is the smart move for investors in West York, IL?
Most investors in West York, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
What is the investability score for West York, IL?
Yes - West York, IL a 2.0/5 investability score. With $158K home prices against $1,107/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 62478 now. You don’t know where it ranks.
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