
Home Price Key
These days, finding an affordable place to live in the Speer area can be challenging. Home prices in Speer are now at a median cost of $124,308, lower than the Illinois average of $242,002.
The average cost of rent is $732/mo in Speer, primarily driven by the current value of real estate in the Speer area. While nearly 57.94% of residents own their homes outright in Speer, 14.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Speer is $6,083 per month. Households that rent pay about 12.04% of their income on rent here. Speer's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Lawn Ridge, IL: higher priced homes
- Stark, IL: equally priced homes
- Camp Grove, IL: equally priced homes
- West Hallock, IL: higher priced homes
- Edelstein, IL: higher priced homes
- North Hampton, IL: higher priced homes
- Princeville, IL: higher priced homes
- Wyoming, IL: less expensive homes
- Castleton, IL: less expensive homes
- South Rome, IL: higher priced homes
Cities with Similar Populations
- Nickleberry, TX: less expensive homes
- Richardson, WA: higher priced homes
- Rexburg, VA: higher priced homes
- Requa, CA: higher priced homes
- Repaupo, NJ: higher priced homes
- Renicks Valley, WV: equally priced homes
- Rena Lara, MS: less expensive homes
- Noodle, TX: higher priced homes
- Nirvana, MI: less expensive homes
- Ridgeton, OH: higher priced homes
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