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Today: September 22, 2025

Current Price

$108,125

1 Month Forecast

$108,621

1-Year Forecast *

$107,053

5-Year Forecast *

$106,942

"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 2025-09-22. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Spring Bay" area is 106,942 USD by 2030-09-22. For a 5-year investment the profit is expected to be around -1.09% meaning that investing 100000 USD today may yield a profit of 1,094 USD by 2030.

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: 2025-2031

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: $107,053* (downside of 1.0%)

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
2011 $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 107,053 USD in one year.

Is it profitable to invest in Spring Bay homes?

Based on our forecast, the expected return is -0.99% 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 106,942 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 104,487 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 decreased, 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 decreased by 0.486% to 108,125 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 0.838% in 2020
  • 0.892% in 2021
  • 0.172% in 2022
  • 1.322% in 2023
  • 1.772% in 2024
  • 1.762% in 2025

Based on our Spring Bay real estate market research and report the predicted sales prices will decrease by 9.487% in the next 10 years.

Over the last 12 months, the value of homes in Spring Bay fluctuated: decreasing 3 times.

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

Below you will find the price predictions for 2025, 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 108621 98954 118289
February 2025 109120 98753 119486
March 2025 109297 100007 118587
April 2025 109411 101643 117179
May 2025 109879 102517 117241
June 2025 110113 102184 118041
July 2025 109622 100413 118830
August 2025 109103 102448 115758
September 2025 108587 102614 114559
October 2025 108073 101805 114341
November 2025 107562 101431 113693
December 2025 107053 100951 113155
Spring Bay Housing Market Forecast with Real Estate Prices for 2026
January 2026 106658 99618 113697
February 2026 106779 99198 114360
March 2026 106895 96312 117477
April 2026 107086 97448 116723
May 2026 107234 97475 116992
June 2026 107726 99108 116344
July 2026 108220 98156 118285
August 2026 108717 98497 118936
September 2026 109216 102554 115878
October 2026 109717 102256 117178
November 2026 109727 99523 119932
December 2026 109265 100961 117569
Spring Bay Housing Market Forecast with Real Estate Prices for 2027
January 2027 108875 102343 115408
February 2027 108360 100992 115729
March 2027 107995 98924 117067
April 2027 108312 98456 118168
May 2027 108809 99451 118167
June 2027 109308 100345 118272
July 2027 109810 102123 117497
August 2027 110314 104467 116160
September 2027 110820 102730 118910
October 2027 111329 103090 119567
November 2027 110802 101051 120552
December 2027 110278 102448 118107
Spring Bay Housing Market Forecast with Real Estate Prices for 2028
January 2028 109756 99549 119963
February 2028 109237 102464 116009
March 2028 108720 99587 117852
April 2028 108205 98467 117944
May 2028 107693 97139 118247
June 2028 107184 100538 113829
July 2028 107232 96830 117633
August 2028 107496 99326 115666
September 2028 107989 98594 117384
October 2028 107925 102528 113321
November 2028 107516 100420 114612
December 2028 107008 100801 113214
Spring Bay Housing Market Forecast with Real Estate Prices for 2029
January 2029 106549 97599 115500
February 2029 106510 97031 115990
March 2029 106487 99352 113622
April 2029 106976 97669 116283
May 2029 107467 102093 112840
June 2029 107641 99783 115499
July 2029 107753 101288 114219
August 2029 108214 98042 118386
September 2029 108444 100745 116144
October 2029 107961 98676 117245
November 2029 107450 102078 112823
December 2029 106942 98814 115069
Spring Bay Housing Market Forecast with Real Estate Prices for 2030
January 2030 106436 99943 112928
February 2030 105932 98941 112924
March 2030 105431 99421 111440
April 2030 105042 94538 115546
May 2030 105161 95592 114731
June 2030 105275 97906 112644
July 2030 105463 99241 111686
August 2030 105609 97689 113530
September 2030 106094 99410 112778
October 2030 106581 98161 115001
November 2030 107070 99896 114243
December 2030 107561 100032 115090
Spring Bay Housing Market Forecast with Real Estate Prices for 2031
January 2031 108055 101463 114646
February 2031 108065 100176 115954
March 2031 107610 101476 113744
April 2031 107226 100900 113552
May 2031 106719 99355 114082
June 2031 106359 96574 116144
July 2031 106671 96644 116698
August 2031 107161 96659 117662
September 2031 107652 97210 118095
October 2031 108146 101766 114527
November 2031 108643 99517 117769
December 2031 109141 103575 114707
Spring Bay Housing Market Forecast with Real Estate Prices for 2032
January 2032 109642 102735 116549
February 2032 109123 99520 118726
March 2032 108607 101004 116209
April 2032 108093 101499 114687
May 2032 107582 96823 118340
June 2032 107073 97543 116602
July 2032 106566 98360 114772
August 2032 106062 98107 114016
September 2032 105560 95110 116010
October 2032 105607 99271 111944
November 2032 105867 97186 114549
December 2032 106353 98483 114223

> 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.