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

Prairie Grove, IL has a median modeled monthly cash flow of $-834 and a median cap rate of 3.3%, on a median sold price of $512,500. Prices changed -0.8% year over year.

What is the average cap rate in Prairie Grove, IL?

The median cap rate across recently sold homes in Prairie Grove, IL is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Prairie Grove, IL?

The median sold price in Prairie Grove, IL is $512,500 (about $184 per square foot).

Investing in Prairie Grove, IL Real Estate

A data-driven snapshot of the Prairie Grove, 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.

$512,500Median sold price

$184Median $/sqft

3.3%Median cap rate

$-834Modeled cash flow / mo

-0.8%Appreciation YoY

9.3Months of supply

28Active listings

36Sold (last 12 mo)

What the Prairie Grove numbers say

In Prairie Grove, IL, the median home sold for $512,500 (about $184 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-834 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 9.3 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 Prairie Grove cash-flowing listings

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