B
40%
Med. Home Val. NAT. AVG.
1%
Rent NAT. AVG.
11%
Owner Occ. NAT. AVG.

Spring Bay Housing Information

IndexSpring BayIllinoisNational
Median home price$197,074$308,565$326,622
Median rent asked$1,430$1,374$1,444
Avg. people per household2.12.62.6
Owner occupied households70.6%66.0%63.6%
Renter occupied households29.4%34.0%36.4%
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Housing Quick Facts

  • The median home price in Spring Bay is 40% lower than the national average.
  • The median rent asked in Spring Bay is 1% lower 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

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Compare Spring Bay, IL Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Creve Coeur, IL5,261$135,22359%
      Washburn, IL1,131$139,38257%
      Sparland, IL406$142,46956%
      Norwood, IL486$152,56153%
      Peoria Heights, IL6,052$154,27153%
      Spring Bay, IL490$197,07440%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Eldorado, OK490$51,14684%
      Garden Valley, ID490$490,37450%
      Naytahwaush, MN490$124,06062%
      Williams Creek, IN490$1,656,431407%
      White Earth, MN490$119,03664%
      Spring Bay, IL490$197,07440%
      Source: The Spring Bay, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.