ZIP 62723

ZIP 62723 is in the Springfield, IL market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 4.3%.

Median IRR

: 2.9%.

Median list price

: $228,250.

Appreciation

: 2.4%/yr .

Rent growth

: 2.8%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated September 2026.