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

Harrisburg, IL has a median modeled monthly cash flow of $-151 and a median cap rate of 5.1%, on a median sold price of $92,000. Prices changed +14.4% 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 $92,000 (about $76 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.

$92,000Median sold price

$76Median $/sqft

5.1%Median cap rate

$-151Modeled cash flow / mo

+14.4%Appreciation YoY

9.5Months of supply

74Active listings

93Sold (last 12 mo)

What the Harrisburg numbers say

In Harrisburg, IL, the median home sold for $92,000 (about $76 per square foot), and the typical deal models out to a 5.1% cap rate with a median $-151 of monthly cash flow. Sold prices moved +14.4% over the past year. Inventory sits at about 9.5 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.