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

Hometown, IL has a median modeled monthly cash flow of $81 and a median cap rate of 6.7%, on a median sold price of $236,500. Prices changed -0.2% year over year.

What is the average cap rate in Hometown, IL?

The median cap rate across recently sold homes in Hometown, IL is 6.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hometown, IL?

The median sold price in Hometown, IL is $236,500 (about $238 per square foot).

Investing in Hometown, IL Real Estate

#217 cash-flow market in the U.S.

A data-driven snapshot of the Hometown, 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.

$236,500Median sold price

$238Median $/sqft

6.7%Median cap rate

$81Modeled cash flow / mo

-0.2%Appreciation YoY

6.4Months of supply

30Active listings

56Sold (last 12 mo)

What the Hometown numbers say

In Hometown, IL, the median home sold for $236,500 (about $238 per square foot), and the typical deal models out to a 6.7% cap rate with a median $81 of monthly cash flow. Sold prices moved -0.2% over the past year. Inventory sits at about 6.4 months of supply. 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 Hometown cash-flowing listings

CashFlowRE ranks every for-sale home in Hometown, 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 Hometown deals, or browse the national market data.