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Housing in Spring Creek

A typical Spring Creek home is worth roughly $82,000

Typical home value
$82K
IL $298K
Estimate
2-bedroom rent
$1,240
a month, utilities in · HUD
Median tax bill
$857
IL $5,298

What kind of housing town is Spring Creek?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.2 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$263,000
Typical Spring Creek home $82K

That covers a typical Spring Creek home, with $181K to spare.

The typical home, each month
$500
Loan $410Tax $70Insurance $20

A two-bedroom rents for about $1,240 a month here, $740 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Spring Creek’s typical property tax (1.04% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

90% of Spring Creek households own their home

Half of Spring Creek’s homes were built before 1956.

Owners and renters
Own 90%Rent 10%

Illinois: 67% own.

1956
typical home built · IL 1971
$857
median property tax bill · IL $5,298
1.04%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,240

Renters already here pay a median of $950, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$900
1 bedroom$970
2 bedrooms$1,240
3 bedrooms$1,540
4 bedrooms$1,850
10%
of households rent · IL 33%
4
renter households
$950
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (St. Louis, MO-IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Spring Creek vs. its neighbors

Spring Creek is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Spring Creek$82K*—$1,240$68,750
Hardin—−6.9%†$1,040—
Pearl$130K+14.9%$1,070$56,477
Pleasant Hill$102K+8.5%$1,030$56,538

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 Spring Creek buyers, sellers and renters are saying.

Town Square →
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Is Spring Creek still affordable for young families?

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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.

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