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These days, finding an affordable place to live in the Spaulding area can be challenging. Home prices in Spaulding are now at a median cost of $219,245, lower than the Illinois average of $300,242.
The average cost of rent is $1,082/mo in Spaulding, primarily driven by the current value of real estate in the Spaulding area. In Spaulding, 5.18% of households rent, and 32.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spaulding is $7,590 per month. Households that rent pay about 14.26% of their income on rent here. Spaulding’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverton, IL: less expensive homes
- Bissell, IL: less expensive homes
- Devereux Heights, IL: less expensive homes
- Sherman, IL: higher priced homes
- Clear Lake, IL: less expensive homes
- Williamsville, IL: equally priced homes
- Dawson, IL: equally priced homes
- Archer, IL: less expensive homes
- Green Acres, IL: higher priced homes
- Buffalo, IL: less expensive homes
Cities with Similar Populations
- Macks Creek, MO: less expensive homes
- LaMoure, ND: less expensive homes
- Leland, MI: higher priced homes
- Lilydale, MN: higher priced homes
- Lindenwold, NJ: less expensive homes
- Loma Linda, MO: higher priced homes
- Long Point, TX: higher priced homes
- Albany, IL: less expensive homes
- Lukachukai, AZ: less expensive homes
- Laconia, TN: equally priced homes
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