Real Estate Investing in Marshall, Illinois (62441)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Clark County • Population: 6,841 • Data updated: September 2026

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Should you buy in 62441 (Marshall, IL)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • 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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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $179,394
Avg Monthly Rent $909
1% Rule ✗ Does Not Meet
Median Income $76,681
% Renters 21.8%

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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Marshall:

B+ Great
Buy Confidence Score: 79/100
Affordability
25/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.3× the median income
Value Trend
Rising (+10.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $909/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This area shows favorable conditions for homebuyers. Solid fundamentals with reasonable affordability.

Market Trends

Home Value History (with trend line)

$185K$168K$151K$133K$116K$98KApr 2009Dec 2017Jul 2026

📊 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% -
💡 Why Invest in 62441? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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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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Investability
Good
Cap Rate
4.0%
Low
5yr Growth
+5.0%
Moderate

📊 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
Negative Leverage — IRR / Tax Play Cap Rate: 4.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
11.8%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.0%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 62441

Population: 6,841

💰 Median Household Income
$76,681
This area
$76,681
State
$75,721
USA
$74,580
🏠 Renter Occupied
21.8%
This area
21.8%
State
22.2%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-3.3%
USA
3.7%
🎓 College Educated
25.7%
This area
25.7%
State
16.4%
USA
33.7%
👤 Median Age
43.1 years
This area
43.1 years
State
32.6 years
USA
38.9 years
🏚️ Vacancy Rate
11.8%
This area
11.8%
State
11.6%
USA
10.5%
👥 Population by Ethnicity
White 96.6%
Other/Mixed 3.1%
Hispanic/Latino 1.7%
Black/African American 0.3%
👶 Under 18
21.8%
This area
21.8%
USA
22.0%
👴 65 and Over
19.4%
This area
19.4%
USA
17.3%
📊 Poverty Rate
3.8%
This area
3.8%
USA
11.5%

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

B+ Avg School Grade
5 Schools
12.5:1 Avg Class Size
$16,105 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Marshall High School

📚 09 – 12 High School
👥
338 Students
👨‍🏫
10.7:1 Class Size
💰
$16,105 Per Student
A Very Good

South Elem School

📚 Pre-K – 02 Elementary
👥
298 Students
👨‍🏫
11.7:1 Class Size
💰
$16,105 Per Student
A Very Good

North Elem School

📚 03 – 06 School
👥
363 Students
👨‍🏫
13.3:1 Class Size
💰
$16,105 Per Student
B+ Above Average

Marshall Jr High School

📚 07 – 08 Middle
👥
198 Students
👨‍🏫
14.5:1 Class Size
💰
$16,105 Per Student
C Below Average

H E L P Marshall

📚 Grade PK Elementary Limited Data
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

1 Nearby
C
Saint Mary-of-the-Woods College
1,227 students · 14.8 mi

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.

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