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  4. /Spring Valley, IL - 61329

Spring Valley, IL—61329

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$154,000
5.3% YoY Growth
Household Income
$73,600
11.6% YoY Growth
Days on Market
71
55.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Spring Valley, IL

61362
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Spring Valley, IL

Spring Valley, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$154,0005.3%
Single Family $154,0005.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    5.0%
    1 Bedroom
    1.3%
    2 Bedrooms
    32.6%
    3 Bedrooms
    50.6%
    4 Bedrooms
    9.4%
    5+ Bedrooms
    1.1%

    Rental Trends — Spring Valley, IL

    Spring Valley, IL lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    24.1%
    1 Bedroom
    3.4%
    2 Bedrooms
    27.6%
    3 Bedrooms
    39.7%
    4 Bedrooms
    5.2%

    Property Listings — Spring Valley, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Spring Valley, IL is 71. This is a decrease of -55.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$180,000-35.0%
    Listing Count
    		7157.0%
    Listings as % of Homes0.2%157.0%
    Days on Market
    		71-55.0%
    Loading chart...

    Demographics — Spring Valley, IL

    As of the latest ACS Survey released in 2023, Spring Valley, IL has a population of 1,390, which has increased by 17.6% over the past 5 years. Spring Valley, IL is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,39017.6%
    % Under 18
    		24.7%31.4%
    % Seniors
    		10.7%-34.8%
    % WFH
    		1.5%-58.3%
    % w/ College Degree
    		18.8%-8.7%
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    As of the latest ACS Survey released in 2023, Spring Valley, IL is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Spring Valley, IL is hispanic, making up 12.6% of the population. Foreign-born residents account for 2.0% of the population in Spring Valley, IL, and this percentage has decreased by 44.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.1%-7.7%
    % Black
    		0.0%N/A
    % Hispanic
    		12.6%80.0%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		2.0%-44.4%
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    Mortgage and Risk — Spring Valley, IL

    Spring Valley, IL lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Spring Valley, IL

    Spring Valley, IL lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		15
    Total Units Section 8
    		15
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		88.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$750
    2 BedroomN/AN/A$990
    3 BedroomN/AN/A$1,220
    4 BedroomN/AN/A$1,450

    Affordability — Spring Valley, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.7
    Median Home Price$154,000
    Median Household Income$73,600

    Spring Valley, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Spring Valley, IL

    61362

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    61320

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    61312

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    61359

    Frequently Asked Questions