Is Harrisburg, IL a good place to invest in rental property?

Harrisburg, IL has a median modeled monthly cash flow of $-133 and a median cap rate of 5.1%, on a median sold price of $108,500. Prices changed +8.5% year over year.

What is the average cap rate in Harrisburg, IL?

The median cap rate across recently sold homes in Harrisburg, IL is 5.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Harrisburg, IL?

The median sold price in Harrisburg, IL is $108,500 (about $77 per square foot).

Investing in Harrisburg, IL Real Estate

A data-driven snapshot of the Harrisburg, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$108,500Median sold price

$77Median $/sqft

5.2%Median cap rate

$-133Modeled cash flow / mo

+8.5%Appreciation YoY

12.5Months of supply

95Active listings

91Sold (last 12 mo)

What the Harrisburg numbers say

In Harrisburg, IL, the median home sold for $108,500 (about $77 per square foot), and the typical deal models out to a 5.2% cap rate with a median $-133 of monthly cash flow. Sold prices moved +8.5% over the past year. Inventory sits at about 12.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Harrisburg cash-flowing listings

CashFlowRE ranks every for-sale home in Harrisburg, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Harrisburg deals, or browse the national market data.