Real Estate Investing in Ozark, Illinois (62972)
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Should you buy in 62972 (Ozark, IL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 38.4% of homes vacant — above national norms.
• 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 Ozark, IL (62972)?
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Market Analysis: 62972 Ozark
ZIP 62972 inside Johnson County looks affordable on the surface — median value of $206K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 62972 is notable only for operators who understand what they are buying. A $206K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within IL, ZIP 62972 trails on several market indicators that neighboring Johnson County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Who lives in 62972 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 62972 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 Ozark:
Market Trends
Home Value History (with trend line)
📊 How Does 62972 Compare?
| Metric | 62972 | Ozark | Carbondale-Marion, IL | Illinois |
|---|---|---|---|---|
| Home Value | $205,637 | $205,637 | N/A | $279,761 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 6.6% |
| Avg Rent | $855 | $855 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62972 (Ozark, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $205,637 |
| Monthly Rent | $855 |
| Price-to-Rent | 20.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | -2.0% ▼ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (3.2%). 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 62972
Population: 891
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 62972
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 are home prices like in Ozark, IL?
The median home value in Ozark, IL is roughly $206K. That puts it reasonable relative to the IL statewide average.
Should investors worry about vacancy in Ozark, IL?
Ozark, IL sees elevated vacancy, which is reasonable relative to the broader IL rental market.
Is Ozark in IL worth investing in?
Our data puts Ozark, IL at 3.0/5 for investability. Home prices of $206K and rents around $855/mo create a solid backdrop for investor activity.
What real estate strategy is ideal for Ozark, IL?
Ozark, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($206K prices, $855/mo rents) make it a reasonable choice.
Are renters plentiful in Ozark, IL?
Working renters make up the core of the Ozark, IL tenant base. The pool is reasonable for investors targeting long-term holds.
You know 62972 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62972 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 62972 ranks in Carbondale-Marion, IL
Every ZIP in this metro, ranked. Free.
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