Current Price

$108,125

1 Month Forecast

â–¼ $107,643

1-Year Forecast *

â–¼ $105,805

5-Year Forecast *

â–¼ $102,968

"Is it a good time to buy homes in Spring Bay?" "Does investing in real estate in Spring Bay (Illinois State, Woodford County) worth it?" According to our live Forecast System, buying a house in Spring Bay is a bad short-term (1-year) investment*. The Spring Bay average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Spring Bay" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Spring Bay in Illinois State, Woodford County. If you are looking for homes for sale with good flipping profit, Spring Bay can be a bad, high-risk 1-year investment option. The median price of an average house in Spring Bay was 108,125 USD on 2026-03-03. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Spring Bay" area is 102,968 USD by 2031-03-03. For a 5-year investment the profit is expected to be around -4.77% meaning that investing 100000 USD today may yield a profit of 4,770 USD by 2031.

Current Median Listing Price: 108,125 USD Median Listing Price Per Square Foot: 60 USD

Spring Bay Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Spring Bay (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Spring Bay Price Target

Spring Bay median home price target in 12 months: $105,805* (downside of 2.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $112,110 $108,125 $108,125 $112,110
2023 $112,528 $113,620 $112,528 $121,053
2022 $110,602 $112,198 $110,602 $114,311
2021 $115,674 $110,404 $110,160 $116,416
2020 $103,950 $115,554 $103,950 $115,554
2019 $97,379 $103,946 $97,379 $103,946
2018 $104,853 $97,244 $97,244 $104,853
2017 $109,814 $104,955 $104,955 $109,814
2016 $0 $109,818 $0 $120,626
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Spring Bay Housing Market Forecast

How much does an average home cost in Spring Bay today?

The value of an average home (the listing price) in Spring Bay is $108,125 USD.

What is the average price per square foot in Spring Bay?

According to Walletinvestor the median price per square foot in Spring Bay is 60 USD.

Will the median listing price of homes in Spring Bay grow / rise / go up?

No. The Spring Bay home prices may drop from 108,125 USD to 105,805 USD in one year.

Is it profitable to invest in Spring Bay homes?

Based on our forecast, the expected return is -2.15% in one year.

Will Spring Bay house prices fall / drop?

Yes. See above.

What is the predicted price of a Spring Bay home in 2030?

The predicted home sales price of a Spring Bay home in 2030 in Spring Bay is 102,596 USD.

What is the predicted price of a Spring Bay home in 2035?

The predicted home sales price of a Spring Bay home in 2035 in Spring Bay is 99,018 USD.

Will real estate prices decrease in Spring Bay?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Spring Bay is the 27078. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Woodford, Spring Bay remained stable, looking at the past 12 months.

According to Walletinvestor's Spring Bay real estate market research, home values will decrease in the next 12 months.

Median home values remained unchanged to 108,125 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 1.466% in 2021
  • 3.216% in 2022
  • 0.916% in 2023
  • 1.036% in 2024
  • 3.476% in 2025
  • 2.046% in 2026

Based on our Spring Bay real estate market research and report the predicted sales prices will decrease by 19.502% in the next 10 years.

Spring Bay (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Spring Bay Housing Market Forecast with Real Estate Prices for 2025
January 2025 107643 101400 113886
February 2025 107153 99116 115189
March 2025 106665 97918 115411
April 2025 106179 99065 113293
May 2025 105696 98086 113306
June 2025 105214 97639 112790
July 2025 104826 99375 110277
August 2025 104945 97494 112396
September 2025 105059 98440 111678
October 2025 105247 96511 113982
November 2025 105392 98542 112243
December 2025 105805 99985 111624
Spring Bay Housing Market Forecast with Real Estate Prices for 2026
January 2026 106218 97827 114610
February 2026 106634 96930 116338
March 2026 107051 101056 113046
April 2026 107470 101559 113381
May 2026 107480 99311 115648
June 2026 107027 100606 113449
July 2026 106646 96514 116777
August 2026 106160 97667 114653
September 2026 105802 100406 111198
October 2026 106113 96775 115451
November 2026 106528 99816 113239
December 2026 106944 98710 115179
Spring Bay Housing Market Forecast with Real Estate Prices for 2027
January 2027 107363 97163 117562
February 2027 107783 102394 113172
March 2027 108204 102253 114155
April 2027 108628 101567 115688
May 2027 108133 100888 115378
June 2027 107641 98061 117221
July 2027 107150 100186 114115
August 2027 106662 100689 112636
September 2027 106177 100656 111698
October 2027 105693 96815 114572
November 2027 105212 99005 111420
December 2027 104733 96145 113321
Spring Bay Housing Market Forecast with Real Estate Prices for 2028
January 2028 104780 94511 115048
February 2028 105038 95900 114176
March 2028 105449 95115 115783
April 2028 105386 97377 113395
May 2028 104987 97428 112546
June 2028 104509 96775 112243
July 2028 104062 97298 110826
August 2028 104023 93829 114218
September 2028 104001 97241 110761
October 2028 103537 96393 110681
November 2028 103065 94511 111620
December 2028 102596 95312 109880
Spring Bay Housing Market Forecast with Real Estate Prices for 2029
January 2029 102129 93550 110708
February 2029 101664 94141 109187
March 2029 101201 95736 106666
April 2029 100828 92761 108894
May 2029 100942 95693 106191
June 2029 101052 91755 110348
July 2029 101232 91210 111254
August 2029 101372 94682 108063
September 2029 101769 94136 109401
October 2029 102167 96445 107888
November 2029 102566 94361 110772
December 2029 102968 93803 112132
Spring Bay Housing Market Forecast with Real Estate Prices for 2030
January 2030 103370 97582 109159
February 2030 103380 95006 111754
March 2030 102945 97283 108607
April 2030 102578 93038 112117
May 2030 102111 94248 109973
June 2030 101766 95457 108076
July 2030 102065 96860 107270
August 2030 102464 92730 112198
September 2030 102865 94636 111094
October 2030 103267 98104 108431
November 2030 103671 97244 110099
December 2030 104077 98561 109593
Spring Bay Housing Market Forecast with Real Estate Prices for 2031
January 2031 104484 96857 112111
February 2031 104008 98600 109417
March 2031 103535 97115 109954
April 2031 103063 97189 108938
May 2031 102594 93873 111314
June 2031 102127 94978 109276
July 2031 101662 91699 111625
August 2031 101199 92597 109801
September 2031 100738 91067 110409
October 2031 100783 93124 108443
November 2031 101031 93252 108811
December 2031 101427 93008 109845

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.