Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +6.5% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, +1.3% YoY, is the number to watch.
The median listing price is up 6.5% YoY while the median home got down 10.6% bigger, so value per square foot is up 6.5%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $80K purchase rents for $1,100/mo: 1.38% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 5 BR (sale only, no matching rent).
Sales here take about 14 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Manufactured (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 62703 itself, not its parent county.
Renters hold 42.5% of this ZIP's 12,316 occupied households, on a median household income of $45K.
| Measure | ZIP 62703 | Sangamon County | Difference |
|---|---|---|---|
| Median Household Income | $45K | $75K | -$30K |
| Below Poverty Level | 29.1% | 13.1% | +16.0% |
| Median Age | 38.60 | 41.00 | -2.40 |
| Total Population | 28,922 | 194,947 | -- |
| Avg Household Size | 2.19 | 2.25 | -0.06 |
| Owner-Occupied | 57.5% | 71.3% | -13.9% |
| Worked From Home | 13.2% | 13.7% | -0.5% |
| Mean Commute | 17.20 | 19.70 | -2.50 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 194,947: residents under 18 are down 0.8% and those 65 and over are up 2.6%.
County median household income is $75K, 13.1% of residents are below the poverty level, 13.7% work from home.