Spring Bay, IL Housing Statistics

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B

40%

Med. Home Val. NAT. AVG.

1%

Rent NAT. AVG.

11%

Owner Occ. NAT. AVG.

Spring Bay Housing Information

Index	Spring Bay	Illinois	National
Median home price	$197,074	$308,565	$326,622
Median rent asked	$1,430	$1,374	$1,444
Avg. people per household	2.1	2.6	2.6
Owner occupied households	70.6%	66.0%	63.6%
Renter occupied households	29.4%	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.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Creve Coeur, IL	5,261	$135,223	59%
Washburn, IL	1,131	$139,382	57%
Sparland, IL	406	$142,469	56%
Norwood, IL	486	$152,561	53%
Peoria Heights, IL	6,052	$154,271	53%
Spring Bay, IL	490	$197,074	40%

Cities with similar population

	Population	Home Price	National Avg.
White Earth, MN	490	$119,036	64%
Forestville, WI	490	$228,202	30%
Lemitar, NM	490	$203,059	38%
Forman, ND	490	$202,205	38%
Sargent, NE	490	$91,652	72%
Spring Bay, IL	490	$197,074	40%

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.