B-
42%
Med. Home Val. NAT. AVG.
1%
Rent NAT. AVG.
11%
Owner Occ. NAT. AVG.

Spring Bay Housing Information

IndexSpring BayIllinoisNational
Median home price$107,500$174,800$184,700
Median rent asked$959$925$949
Avg. people per household2.12.62.6
Owner occupied households70.6%66.0%63.6%
Renter occupied households29.4%34.0%36.4%
See Local Housing Trends Before You Buy! Local Insights Report
  • See home value trends within a small radius
  • Understand local market conditions near your address
  • Use detailed data to choose the right home
Local Insights Report

Housing Quick Facts

  • The median home price in Spring Bay is 42% lower than the national average.
  • The median rent asked in Spring Bay is 1% higher than the national average.
  • The average number of people per household in Spring Bay is 19% lower than the national average.
  • The number of owner occupied households in Spring Bay is 11% higher than the national average.
  • The number of renter occupied households in Spring Bay is 19% lower than the national average.

Most Affordable Places to Live in and Around Spring Bay

See all the best places to live around Spring Bay

Compare Spring Bay, IL Housing

City Image
    City Default Image
      vs
      Compare Neighborhoods & Addresses Local Insights Report

      Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

      Local Insights Report
      How would you rate real estate in Spring Bay?
      Write a review to give others more information about this area.
      How would you rate rentals in Spring Bay?
      Write a review to give others more information about this area.
      See all Spring Bay poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Creve Coeur, IL5,074$76,80058%
      Washburn, IL1,109$77,30058%
      Sparland, IL390$80,00057%
      Norwood, IL470$83,30055%
      Peoria Heights, IL5,825$86,00053%
      Spring Bay, IL473$107,50042%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Herman, NE473$97,50047%
      Cary, MS473$0100%
      Creal Springs, IL473$54,50070%
      Green Ridge, MO473$87,00053%
      Millstone, KY473$0100%
      Spring Bay, IL473$107,50042%
      Source: The Spring Bay, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).