Real Estate Investing in Marshall, Illinois (62441)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62441 (Marshall, 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: 11.8% 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 Marshall, IL (62441)?
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Market Analysis: 62441 Marshall
ZIP 62441 in Marshall, IL carries a substantial set of headwinds. Home values near $179K and rents of $909/mo sit inside a market where underwriting has to be tight.
Put differently, the numbers look inviting — $179K purchase price, 0.0% nominal cap — the work to hit that pro forma in 62441 is substantial and deserves full respect.
Within IL, ZIP 62441 trails on several market indicators that neighboring Clark County submarkets outperform. The gap is real and durable enough to shape underwriting.
Demographically, 62441 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 62441 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Marshall:
Market Trends
Home Value History (with trend line)
📊 How Does 62441 Compare?
| Metric | 62441 | Marshall | Illinois |
|---|---|---|---|
| Home Value | $179,394 | $179,394 | $279,761 |
| 5-Year CAGR | 5.0% | 5.0% | 6.6% |
| Avg Rent | $909 | $909 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 62441 (Marshall, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $179,394 |
| Monthly Rent | $909 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 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 (4.0%). 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 62441
Population: 6,841
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 62441
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the investability score for Marshall, IL?
Yes - Marshall, IL a 3.0/5 investability score. With $179K home prices against $909/mo monthly rent, the market delivers a reasonable entry point for new investors.
Where do rents currently stand in Marshall, IL?
The typical rental in Marshall, IL commands about $909/mo monthly. That rent profile consistent cash flow against the $179K purchase basis.
How high is vacancy risk in Marshall, IL?
Marshall, IL carries elevated vacancy risk. Expect reliable absorption at market rents of $909/mo.
How strict are landlord regulations in Marshall, IL?
Rental owners in Marshall, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What price range are homes in Marshall, IL?
The median home value in Marshall, IL is roughly $179K. That puts it reasonable relative to the IL statewide average.
You know 62441 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62441 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.
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