April 2024

Spring Bay Housing Market Report Woodford County, Illinois

Report Updated 4 Days Ago

Housing Prices in Spring Bay, IL

How much do homes in Spring Bay, IL cost?

Median List Price

$79,850

$58/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$9,950(+14.2%)

Key Takeaway

The list price of homes in Spring Bay has increased by 14.2% since last year.

Summary: The median home list price in Spring Bay was $79,850 in April 2024, up 14.2% from the previous year, and the median price per square foot was $58.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$29K	$29K	0.0%
3 Bedrooms	$69.9K	$120K	+71.7%
4 Bedrooms	$124.9K	$317.4K	+154.1%
5+ Bedrooms	-	-	N/A

Summary: Spring Bay housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 71.7%, 4 bedroom homes increased by 154.1%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	Apr 2023	Apr 2024	CHANGE
Spring Bay Township	$149K	$194K	+30.2%
Spring Bay	$69.9K	$79.8K	+14.2%

Housing Supply in Spring Bay, IL

How many homes are available in Spring Bay, IL?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
2	2	0.0%

Summary: The Spring Bay real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	1	0.0%
3 Bedrooms	0	1	+100.0%
4 Bedrooms	1	0	-100.0%
5+ Bedrooms	0	0	0.0%

Summary: The Spring Bay housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Spring Bay, IL

How long does it take to sell a home in Spring Bay, IL?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
167 Days	26 Days	-84.4%

Summary: Homes in Spring Bay had an average listing age of 26 days in Apr 2024, down by 84.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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Newest Listings in Spring Bay, IL

Nearby Markets to Spring Bay, IL

MLS Disclaimers and Copyright

Based on information from RMLS Alliance for the period 05/01/2022 - 05/01/2024

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 10:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.