Sparland, IL housing market
The typical Sparland home is worth about $99,000, up 15.5% in a year, 67% below the Illinois typical home.
Home values, sales, trends and how Sparland compares with the towns next door — updated as new data is published.
Sparland at a glance
Typical home value, 2022–2026
Show as a table
| January | Sparland | Illinois |
|---|---|---|
| 2023 | $90,000 | $248,000 |
| 2024 | $87,000 | $263,000 |
| 2025 | $94,000 | $278,000 |
| 2026 | $90,000 | $290,000 |
| August 2026 | $99,000 | $298,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $920
HUD's Fair Market Rent for a two-bedroom in Sparland is $920 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sparland pay a median of $1,063.
Studio $670 · 4 bedrooms $1,280
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61565; Peoria, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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.