Spring Bay IL Multi Family for Sale

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Spring Bay Real Estate

The median home value in Spring Bay, IL is $82,250. This is lower than the county median home value of $181,200. The national median home value is $338,100. The average price of homes sold in Spring Bay, IL is $82,250. Approximately 66% of Spring Bay homes are owned, compared to 27.5% rented, while 6.5% are vacant. Spring Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spring Bay real estate agent to arrange a tour today!

Spring Bay, Illinois has a population of 438. Spring Bay is less family-centric than the surrounding county with 18.85% of the households containing married families with children. The county average for households married with children is 33.36%.

The median household income in Spring Bay, Illinois is $39,792. The median household income for the surrounding county is $76,486 compared to the national median of $69,021. The median age of people living in Spring Bay is 46.7 years.

Spring Bay Weather

The average high temperature in July is 85.6 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 37.7 inches per year, with 23.4 inches of snow per year.

Spring Bay Real Estate Market Conditions

  • Median sales price

    $82,250
    13.3% change since last quarter
  • # Active listings

    4
    30-day change

Spring Bay Schools and Demographics

Education near Spring Bay, IL

Metric City County
High School Graduates 95.14 94.28
College Degree - 2 year 7.9 11.58
College Degree - 4 year 8.21 34.91
Graduate Degree 0 10.23
Expenditures per Student 20,680 20,680
Students per Teacher 13.5 13.5

Elementary Schools near Spring Bay, IL

School Grades Students P/T Ratio ZIP
Armstrong-Oakview Elementary School KG - 02 180 15.4 61611
Don D Shute Elementary School PK - 02 210 12.9 61611
Franklin Primary School PK - 05 549 15.1 61606
Glen Oak Comm Learning Cntr. KG - 06 822 15.6 61603
Glendale Elementary School 03 - 05 163 13.4 61611
Hines Primary School KG - 04 519 15.3 61614
Kellar Primary School KG - 04 384 14.8 61614
Lincoln Elementary School 03 - 05 184 14.5 61611
Lincoln School KG - 08 817 113.2 61603
Northmoor Primary School PK - 04 399 13.1 61614
P L Bolin Elementary School 03 - 05 212 16.7 61611
Peoria Heights Grade School PK - 08 577 15.6 61616
Riverview Elementary School PK - 08 245 14.4 61611
Robein Elementary School PK - 08 149 10.7 61611
Whittier Primary School PK - 04 306 13.9 61606
Woodrow Wilson Elementary School KG - 02 190 14.8 61611

Middle Schools near Spring Bay, IL

School Grades Students P/T Ratio ZIP
Central Junior High School 06 - 08 536 13.2 61611
Charles A Lindbergh Middle School 05 - 08 343 11.1 61614
Peoria Developmental Center 03 - 12 19 3.6 61614
Von Steuben Middle School 05 - 08 351 11 61603
Washington Gifted School 05 - 08 282 20.1 61614

High Schools near Spring Bay, IL

School Grades Students P/T Ratio ZIP
East Peoria High School 09 - 12 1,094 16.4 61611
Peoria Heights High School 09 - 12 233 11.3 61616
Richwoods High School 09 - 12 1,331 15 61614

Ungraded Schools near Spring Bay, IL

School Grades Students P/T Ratio ZIP
Greeley Alternative School 06 - 12 32 61603
Rolling Acres Middle School 05 - 12 318 14.7 61614
Woodruff Career & Tech Center KG - 12 96 2.4 61603

Demographics near Spring Bay, IL

Metric City County
Neighborhood Type
Population 438 38,571
Population Density 593 73
Median Age 46.7 40
People per Household 2.3 2.6
Median Household Income 39,792 76,486
Average Income per Capita 23,813 38,480