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Housing in Springcreek

A typical Springcreek home is worth roughly $377,000

Home prices around Springcreek have risen about 68% over the past 5 years.

Typical home value
$377K
▲ 6.2% in a year · OH $249K
Estimate
2-bedroom rent
$1,220
a month, utilities in · HUD
Median tax bill
$2,478
OH $2,822

What kind of housing town is Springcreek?

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

★ What stands out · Affordability

A typical home costs 5.5 years of income

More than across Ohio (3.5 years). Try your own numbers below.

You could afford about
$271,000
Typical Springcreek home $377K

That’s $106K short of a typical Springcreek home.

The typical home, each month
$2,240
Loan $1,870Tax $260Insurance $110

A two-bedroom rents for about $1,220 a month here, $1,020 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Springcreek’s typical property tax (0.84% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 68% in 5 years

The federal house price index for the ZIP code around Springcreek rose 68% over the past 5 years, faster than across Ohio (53%). Last year prices rose 6.2%. Carrying the Census median home value forward with that index puts the typical Springcreek home at roughly $377,000 today.

Springcreek areaOhio
−50%0%+50%+100%+150%200020052010201520202025
+6.2%
past year
+68%
past 5 years
+109%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $377K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Springcreek, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

1 of Springcreek’s houses are on the National Register

Half of Springcreek’s homes were built before 1968.

History →
Owners and renters
Own 94%Rent 6%

Ohio: 67% own.

1968
typical home built · OH 1970
$2,478
median property tax bill · OH $2,822
0.84%
of a home’s value, a year in tax · OH 1.31%
Historic houses in Springcreek

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Renting

A two-bedroom rents for about $1,220

Fair Market Rent a month, utilities included

Studio$890
1 bedroom$970
2 bedrooms$1,220
3 bedrooms$1,580
4 bedrooms$1,740
6%
of households rent · OH 33%
24
renter households
0%
of renters spend 30%+ of income on rent · OH 46%
21%
of the median income, for a two-bedroom

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

Next door

Springcreek vs. its neighbors

Springcreek is the priciest of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2014Median income
Springcreek$377K*+6.2%†$1,220—$68,707
Piqua$184K+3.1%$1,220—$67,796
Washington$242K*+5.1%†$1,200—$80,246
Brown$192K*—$1,020—$100,417
Staunton$353K*+3.3%†$1,190—$111,458
Orange$281K*+6.2%†$1,0300$110,313

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 Springcreek buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Springcreek 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. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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