A typical Big Spring home is worth roughly $213,000
What kind of housing town is Big Spring?
Read from the numbers below. The page puts what stands out first.
100% of Big Spring households own their home
Half of Big Spring’s homes were built before 1992.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A typical home costs 2.5 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Big Spring home, with $96K to spare.
A two-bedroom rents for about $990 a month here, $390 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Big Spring’s typical property tax (1.52% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $990
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Coles County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Big Spring vs. its neighbors
Big Spring is the priciest of 5 neighboring towns. Tap one to see its housing page.
Compare more
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Big Spring buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.