Springbank, Will County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Springbank, Will County, IL

Median Home Price Price

$530,283 $530.3K

Median Monthly Rent Rent

$1,645 $1.6K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Springbank, IL is $1,645, with MoM change +$13 and YoY change +$90 pointing to positive momentum while volatility is low (std $22).

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Metric

Base market Springbank, IL

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Delta vs base

Median rent

$1,645

N/A

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Median price

$530,283

N/A

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YoY change

+$90

N/A

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Price-to-rent

26.9x

Data unavailable

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