Real Estate Investing in Creal Springs, Illinois (62922)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62922 (Creal Springs, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.1% 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 Creal Springs, IL (62922)?
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Market Analysis: 62922 Creal Springs
ZIP 62922 in Creal Springs, IL carries a substantial set of headwinds. Home values near $208K and rents of $837/mo sit inside a market where underwriting has to be tight.
The 62922 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 62922 sits on the difficult end of the IL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 62922 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 62922 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 Creal Springs:
Market Trends
Home Value History (with trend line)
📊 How Does 62922 Compare?
| Metric | 62922 | Creal Springs | Carbondale-Marion, IL | Illinois |
|---|---|---|---|---|
| Home Value | $208,231 | $208,231 | N/A | $279,761 |
| 5-Year CAGR | 2.3% | 2.3% | N/A | 6.6% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62922 (Creal Springs, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $208,231 |
| Monthly Rent | $837 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 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 (3.1%). 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 62922
Population: 2,697
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 62922
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 investment strategy works best in Creal Springs, IL?
Most investors in Creal Springs, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the median home value in Creal Springs, IL?
Expect median prices around $208K in Creal Springs, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
What do rentals go for in Creal Springs, IL?
Rental rates in Creal Springs, IL average $837/mo. Tenant demand and $208K home values make the yield look reasonable by investor standards.
Is Creal Springs, IL landlord-friendly?
IL ranks as a landlord-friendly state for landlord-tenant law. Creal Springs generally follows the statewide framework, so landlords face reasonable operating rules.
What are vacancy rates like in Creal Springs, IL?
Vacancy in Creal Springs, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $837/mo.
You know 62922 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62922 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.
How 62922 ranks in Carbondale-Marion, IL
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