Housing in Spring Point

A typical Spring Point home is worth roughly $207,000

Typical home value

$207K

IL $298K

Estimate

2-bedroom rent

$940

a month, utilities in · HUD

Median tax bill

$2,496

IL $5,298

What kind of housing town is Spring Point?

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

Your money goes further30% below the Illinois typical home.A town of owners91% of households own their home.

★ What stands out · Affordability

A typical home costs 2.3 years of income

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

You could afford about

$336,000

Typical Spring Point home $207K

That covers a typical Spring Point home, with $129K to spare.

The typical home, each month

$1,290

Loan $1,020Tax $210Insurance $60

A two-bedroom rents for about $940 a month here, $350 less than owning.

Where your budget reaches nearby

Woodbury$89K Sigel$167K Neoga$179K Sumpter$116K St. Francis$172K Douglas$185K Grove$250K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Spring Point’s typical property tax (1.21% 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

91% of Spring Point households own their home

Half of Spring Point’s homes were built before 1978.

Owners and renters

Own 91%Rent 9%

Illinois: 67% own.

1978

typical home built · IL 1971

$2,496

median property tax bill · IL $5,298

1.21%

of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $940

Fair Market Rent a month, utilities included

Studio$660

1 bedroom$750

2 bedrooms$940

3 bedrooms$1,140

4 bedrooms$1,490

of households rent · IL 33%

renter households

53%

of renters spend 30%+ of income on rent · IL 48%

12%

of the median income, for a two-bedroom

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

Next door

Spring Point vs. its neighbors

Spring Point is the 2nd priciest of 8 neighboring towns. Tap one to see its housing page.

Grove$250K Spring Point$207K Douglas$185K Neoga$179K St. Francis$172K Sigel$167K Sumpter$116K Woodbury$89K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2014	Median income
Spring Point	$207K*	—	$940	—	$90,430
Woodbury	$89K*	—	$940	—	$71,806
Sigel	$167K*	—	$930	—	$103,125
Neoga	$179K	+6.9%	$990	0	$88,667
Sumpter	$116K*	—	$960	—	$70,556
St. Francis	$172K*	—	$920	—	$81,607
Douglas	$185K*	+6.3%†	$920	—	$74,666
Grove	$250K*	—	$940	—	$96,607

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 Point buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Spring Point still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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.