Spring Bay, IL Housing Market
$136,385
15.0% 1-yrThe average Spring Bay, IL home value is $136,385, up 15.0% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Spring Bay Key Takeaways
Typical Home Values: $136,385
1-Year Value Change: +15%
(Data through August 31, 2026)
Spring Bay Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Spring Bay
- NameMedian ZHVI
- East Bluff$78,049
- North Valley$43,572
- West Bluff$84,067
- Downtown Peoria$117,937
- Monica--
- Nekoma--
- Cable--
- Joslin--
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Spring Bay Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Spring Bay, IL?
The median home value in Spring Bay, IL is $136,385 as of August 2026. This represents a 2.1% increase compared to last month and a 15.0% increase year-over-year.
How have home values changed in Spring Bay, IL?
Home values in Spring Bay, IL have increased by 2.1% month-over-month and 15.0% year-over-year.
How do home values in Spring Bay, IL compare to Woodford County, Illinois, and the national average?
The median home value in Spring Bay, IL ($136,385) compares to: Woodford County ($238,268), Illinois ($297,573), and the U.S. national median ($368,697).
