Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 62702 · Springfield, IL

Market report for ZIP 62702 (Springfield, IL). Population, income, home values, rental stats, and flipper activity.

Completed Flips (12 mo)
N/A
Median Gross Margin
N/A
Median Hold
N/A
Median Home Value
$118K

Market snapshot

Population
32,539
Median Household Income
$51,814
Median Home Value
$118,221
Median Rent
$1,200

This report covers ZIP 62702, Springfield, IL. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flip activity in ZIP 62702

No qualifying fix-and-flip transactions were identified for ZIP 62702 in the last 12 months using our behavioral filter (28 to 540 day hold, purchase of $25K or more, no new construction or rebuilds). That can happen in small zips, very slow markets, or areas dominated by owner-occupied long-term holds. Consider neighboring zips below.

Recent investor purchases in ZIP 62702

49 investor purchases in ZIP 62702 in the last 6 months, at a median price of $103K. 41% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Jul 24, 2026308 W REYNOLDS STBOARD OF TRUSTE$10KCash
Jul 23, 202622 BRIGHTON RDIIG CORPORATION$110KFinanced
Jul 22, 2026949 N DIRKSEN PKWYRED WAGON PROPERTIES LLC$30KFinanced
Jul 21, 20261424 N 6TH STMCMAINS CREE L$110KCash
Jul 16, 20261905 W CALHOUN AVELC RENTAL PROPERTIES LLC$145KCash
Jul 15, 20261200 N POOLE STHJEM HOMES LLC$165KFinanced
Jul 15, 20261757 FAIRMONT DRSIX INVESTMENT LLC$126KFinanced
Jul 14, 20261057 N OHIO STSIX INVESTMENT LLC$113KFinanced
Jul 13, 2026609 E WOOD AVEMALAAK ESTATES INC$110KCash
Jul 13, 2026605 E WOOD AVEMALAAK ESTATES INC$110KCash

See all 49 investor purchases in 62702

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More of Springfield

See every zip, the latest investor purchases and flips across the city on the Springfield, IL fix-and-flip market report.

See every flip in 62702, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in IL

Same-state markets near ZIP 62702. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.