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Spring Bay, IL real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Spring Bay real estate Market Report.

Information and statistics on the latest trends in the Spring Bay real estate market. *

Quarterly Pricing Trends for Spring Bay

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Spring Bay Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $59K Median sale price in Jul 2021 - Sep 2021: $130K Median sale price in Oct 2021 - Dec 2021: $161K Median sale price in Apr 2022 - Jun 2022: $84K Median sale price in Jul 2022 - Sep 2022: $72K Median sale price in Oct 2022 - Dec 2022: $100K Median sale price in Jan 2023 - Mar 2023: $65K Median sale price in Apr 2023 - Jun 2023: $175K Median sale price in Oct 2023 - Dec 2023: $29K Median sale price in Jan 2024 - Mar 2024: $27K Median sale price in Jul 2024 - Sep 2024: $25K Median sale price in Oct 2024 - Dec 2024: $140K Median sale price in Jan 2025 - Mar 2025: $157K Median sale price in Apr 2025 - Jun 2025: $120K Median sale price in Oct 2025 - Dec 2025: $162K Median list price in Apr 2021 - Jun 2021: $187K Median list price in Oct 2021 - Dec 2021: $149K Median list price in Jan 2022 - Mar 2022: $85K Median list price in Apr 2022 - Jun 2022: $76K Median list price in Jul 2022 - Sep 2022: $125K Median list price in Oct 2022 - Dec 2022: $67K Median list price in Jan 2023 - Mar 2023: $96K Median list price in Jul 2023 - Sep 2023: $85K Median list price in Oct 2023 - Dec 2023: $38K Median list price in Jan 2024 - Mar 2024: $27K Median list price in Apr 2024 - Jun 2024: $120K Median list price in Jul 2024 - Sep 2024: $155K Median list price in Jan 2025 - Mar 2025: $170K Median list price in Apr 2025 - Jun 2025: $125K Median list price in Jul 2025 - Sep 2025: $170K Median list price in Oct 2025 - Dec 2025: $170K Apr 2021 - Jun 2021 Median sale price $59K Median list price $187K Jul 2021 - Sep 2021 Median sale price $130K Median list price Unknown Oct 2021 - Dec 2021 Median sale price $161K Median list price $149K Jan 2022 - Mar 2022 Median sale price Unknown Median list price $85K Apr 2022 - Jun 2022 Median sale price $84K Median list price $76K Jul 2022 - Sep 2022 Median sale price $72K Median list price $125K Oct 2022 - Dec 2022 Median sale price $100K Median list price $67K Jan 2023 - Mar 2023 Median sale price $65K Median list price $96K Apr 2023 - Jun 2023 Median sale price $175K Median list price Unknown Jul 2023 - Sep 2023 Median sale price Unknown Median list price $85K Oct 2023 - Dec 2023 Median sale price $29K Median list price $38K Jan 2024 - Mar 2024 Median sale price $27K Median list price $27K Apr 2024 - Jun 2024 Median sale price Unknown Median list price $120K Jul 2024 - Sep 2024 Median sale price $25K Median list price $155K Oct 2024 - Dec 2024 Median sale price $140K Median list price Unknown Jan 2025 - Mar 2025 Median sale price $157K Median list price $170K Apr 2025 - Jun 2025 Median sale price $120K Median list price $125K Jul 2025 - Sep 2025 Median sale price Unknown Median list price $170K Oct 2025 - Dec 2025 Median sale price $162K Median list price $170K Jan 2026 - Mar 2026 Median sale price Unknown Median list price Unknown
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
10
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Spring Bay’s rolling three-month snapshot shows very limited inventory, with just one active listing and one new listing hitting the market. Contract activity is similarly lean, as only one home moved into pending status over this period, underscoring how thin supply and demand can be in a small market.

Pricing has moved sharply higher in the latest rolling window, with the median list price up more than 50% year over year to about $193,000. Looking back further, list prices have climbed from roughly $27,000 in early 2024 and $85,000 in mid-2023, highlighting how values have trended upward even as the number of listings has stayed low.

Conditions continue to tilt toward sellers, with the market gauge firmly in seller’s market territory. Despite past periods where homes stayed on the market for months, recent years show episodes of much quicker sales, including a median of 11 days on market in late 2022 when demand briefly surged. Buyers and sellers who want to navigate these shifting conditions can turn to Agent Pronto to connect with a local real estate agent who understands Spring Bay’s dynamics.



Learn more about what Spring Bay has to offer.

Spring Bay offers residents a welcoming, close-knit community with easy access to outdoor recreation, local services, and a peaceful, small-town lifestyle.

Spring Bay sits along the Illinois River just northeast of Peoria, offering small-town living with quick access to larger-city amenities. Many residents commute to nearby Peoria or East Peoria while enjoying quieter streets and generous yard space at home.

Outdoor recreation is a daily convenience here. The riverfront and local launches keep fishing and boating close at hand, and wildlife areas like Spring Bay Fen Nature Reserve offer a rare natural landscape minutes from local neighborhoods. Families appreciate proximity to the Woodford County park network and the broader trail systems around Peoria County. When you want more activity, shopping and dining clusters in East Peoria and the Warehouse District in downtown Peoria are a short drive away.

Daily needs are straightforward. Regional health care is anchored by OSF HealthCare Saint Francis Medical Center and UnityPoint Health – Methodist in Peoria. School options connect through nearby districts, with updates and resources available from the Illinois State Board of Education. Residents also use the Peoria Public Library system for expanded services and programming.

Whether you are evaluating commute times, riverfront neighborhoods, or school boundaries, a local real estate agent who understands Spring Bay’s patterns and pricing can make decisions clearer and timelines smoother. Agent Pronto connects both buyers and sellers with professionals who know the area well, helping reduce stress at every step.

Find your Spring Bay real estate agent today →


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“Kim was excellent, answered all my calls or texts promptly! If it was not part of her job she advised me who to contact ! Absolutely the Best”

Robert Klinski · Burbank, IL

Photo of Kim Wirtz
Wirtz Real Estate Group, Inc.
“Excellent working with Mike McCatty highly recommend him and his services,thanks again Mike McCatty.”

Chester Zielinski · Frankfort, IL

Photo of McCatty Real Estate
Century 21 Circle
“Originally we were referred by our first lender and we could not have been more fortunate to work with Vicky and Sam. They were professional and realistic regarding our home search. We had not purchased a home in a very long time and Vicky was patient and understanding and was so attentive. avidly referred us to our second lender (the first was not communicative) and it was wonderful. Overall the whole experience was great! Thank you for helping us find our dream home!”

Christina · Channahon, IL

Photo of Victoria Holmes
Berkshire Hathaway HomeServices Chicago
“Laura is Amazing!”

Stephen Brady · Chicago, IL

Photo of Topp team
Berkshire Hathaway Homeservices
“Working with Tracy to buy our home was a great experience and she was always available and communicative even as we navigated some difficult parts of the negotiation with the seller. She was personally at every visit and even at the inspection and closing, going way above and beyond my expectations and previous experiences with buying agents. Thanks to her we found a home for our family and while we don't plan to buy in the near future I'd be happy to work with her again and again. Thanks Tracy!”

Ian Miller · Westmont, IL

Photo of Tracy Anderson
Compass
“Steven was very helpful, knowledgeable, passionate, and most importantly he met all of my needs! I will definitely use him for all of my future home purchases in the near future. Thanks again Steven, he's definitely a ROCK STAR! I can't wait to work with him in the near future. Betty Ng”

Betty Ng · Matteson, IL

Photo of Steven Goodman
RE/MAX Suburban
“Meldina is an expert in the local market and an exceptional negotiator. Her professionalism, communication, and dedication exceeded our expectations. We highly recommend her!”

Lola Mandic · Johnsburg, IL

Photo of Meldina Realty Group
Century 21 Dream Homes
“Lisa Buskirk-Inman was absolutely wonderful to work with. She came to our home to make signing the paperwork easy since my husband is having health issues and is not easily able to get around right now. She gave us peace of mind knowing everything was taken care of and explained everything we were signing.”

Rinda Durham · Bartonville, IL

Photo of Move Smart Group
MoveSmart Realty
“Barb was 1/20 realtors who was willing to work with me in the beginning over 9 years ago. This is when I first purchased my home. I was cheap buyer. It went without saying I was going to be using her for the sale of the home 9 years later. She handled the hurdles flawlessly and talked me through and coached me the entire way. To say I appreciate her is an understatement. I sold my home after we relocated it of state and she coordinated every logistic of that sale on my behalf to he best of her ability. I recommend her without fail and would point every person in her direction that has a need for a solid realtor.”

Robin Ross · Joliet, IL

Photo of Barb Gall
RE/MAX Remax Ultimate Professionals
“Kathy fought a lot of uphill battles for us and despite hurdles at every turn (with prospective buyer) she pushed on and was able to secure our sale. I can't thank her enough for the amount of work she put in.”

Hayden Johnson · Naperville, IL

Photo of Househunters4u Team
Berkshire Hathaway Chicago
“It was a joy to work with Kathryn she was able to answer every question I had, her knowledge goes a long way and I will definitely recommend her to friends and family.”

Tasha Faust · Oswego, IL

Photo of Kathryn Hoffman
Century 21 Affiliated
“Brittany is an AMAZING realtor and I don't say that lightly. She goes above and beyond to make sure that we are getting everything that we asked for and more. If you are looking for a realtor that goes out of her way to make sure her clients needs are met, you have found your realtor! I could not put into words how happy I am!”

Lola · Wheaton, IL

Photo of Brittany Simon
Compass
“It was a pleasure to work with Robert, he paid a lot of attention to our expectations and preferences, and he is strong in negotiating.”

Anna Tishchenko · Crystal Lake, IL

Photo of Robert Sidlauskas
Keller Williams Platinum Partners
“Working with Emir is always a pleasure. He was very helpful in coordinating work on our house for sale, working with vendors and providing valuable feedback on neccesary work vs. potential work items unlikely to generate return. We closed sale of house 3 weeks from time of first listing. I'd worked with Emir before and hope to do so again in the future.”

Matt · Chicago, IL

Photo of Emir Vulic
Owners.com
“Working with Ray was an absolute blessing throughout my home buying journey. He went above and beyond every step of the way, always remaining patient, professional, and supportive through all of the ups and downs that came along the process. No matter the challenge, Ray stayed committed and made sure I felt informed and encouraged the entire time. His dedication, communication, and genuine care truly made a difference, and I would highly recommend him to anyone looking for a reliable and hardworking realtor.”

Theresa Davis · Monee, IL

Photo of Ray Rosewell
Real People Realty
“Heather was very helpful from beginning to end even with the struggles and challenges we gave her.”

Spencer · Naperville, IL

Photo of Heather Bejda
Berkshire Hathaway HomeServices Chicago
“Melissa Young was incredibly attentive and knowledgeable which was critical for me as a first-time home buyer. She helped me win my very first bid with a strong offer and guided me through challenges with the appraisal process. She sets the bar high and I am so happy with my beautiful first home in Chicago!”

Bryce Campain · Chicago, IL

Photo of Melissa Young
Berkshire Hathaway Home Services Chicago
“To be honest Ralph was the best part of my team. He's a good person and if it wasn't for him I wouldn't know half of what I know about buying a house Thanks Ralph”

Deandre Drew · Sauk Village, IL

Photo of Ralph Waller
HomeSmart Home Smart Connect Real Estate
“Great experience! Very attentive, honest, and dedicated. Professional, efficient, and easy to work with. Highly recommended!”

Heidy Munoz · Plainfield, IL

Photo of Rose Riordan
Century 21 Affiliated
“We relocated from an area where we had lived our entire lives, and the prospect of moving to another state can often be quite challenging. However, our experience with Kimberly was exceptionally smooth and seamless. Her expertise, combined with the thoughtful and tailored feedback she provided based on our specific criteria, proved invaluable throughout the entire process. She conducted herself with the utmost professionalism while also making us feel genuinely supported, as though we were family. We would highly recommend her to any prospective buyers or sellers seeking a dedicated and knowledgeable real estate professional.”

Wesley Lowers · Somonauk, IL

Photo of Kim Thurm
Berkshire Hathaway HomeServices Chicago

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Spring Bay. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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