In Spring Valley, a typical home is worth $153,300 and typical rent is $915 a month. Compared with all of Bureau County, the typical home value is 21% higher, typical rent is 10% higher, and the share of households that own their home is 11 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $115,109 to $145,581.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Spring Valley is in Bureau County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Bureau County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in LaSalle, the typical home value is $113,500: 26% less than in Spring Valley ($153,300).
2
The typical home in Spring Valley is worth $153,300,21% more than in Bureau County as a whole ($126,900).
3
Nearby, in Mendota, the typical rent is $773: 16% less than in Spring Valley ($915).
4
65% of households in Spring Valley own their home, against 76% in Bureau County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Spring Valley
What homes there are in Spring Valley, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Spring Valley
Bureau County
Illinois
United States
Kind of home: Spring Valley and its comparisons
Measure
Spring Valley
Bureau County
Illinois
United States
Detached house
82%
85%
58%
61%
Attached house
Unreliable estimate
1%
6%
6%
Building of 2 to 4
Unreliable estimate
5%
12%
8%
Apartments (5 or more)
Unreliable estimate
6%
22%
19%
Mobile home
Unreliable estimate
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Spring Valley, but it weighs less than in Bureau County: 82% against 85%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Spring Valley
Bureau County
Illinois
United States
Year built: Spring Valley and its comparisons
Measure
Spring Valley
Bureau County
Illinois
United States
Before 1960
50%
53%
38%
26%
1960–1979
24%
27%
26%
24%
1980–1999
14%
12%
20%
25%
2000–2009
Unreliable estimate
5%
11%
14%
2010 or later
Unreliable estimate
3%
6%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K28%
$100K–$200K36%
$200K–$300K28%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Spring Valley and its comparisons
Measure
Spring Valley
Under $100K
28%
$100K–$200K
36%
$200K–$300K
28%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99930%
$1,000–$1,49940%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Spring Valley and its comparisons
Measure
Spring Valley
Under $500
Unreliable estimate
$500–$999
30%
$1,000–$1,499
40%
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,339 a month
Bureau County: $1,234 a month
Without a mortgage
$732 a month
Bureau County: $591 a month
Owners with a mortgage
47%
Bureau County: 54%
In Spring Valley, 47% of owners have a mortgage, and their typical cost is $1,339 a month, against $1,234 in Bureau County. Without one it drops to $732.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Spring Valley+35%
Bureau County+14%
Illinois+35%
United States+53%
Typical rent
Spring Valley+67%
Bureau County+22%
Illinois+26%
United States+33%
Typical household income
Spring Valley+39%
Bureau County+21%
Illinois+27%
United States+29%
Change since 2015–2019: Spring Valley and its comparisons
Measure
Spring Valley
Bureau County
Illinois
United States
Typical home value
+35%
+14%
+35%
+53%
Typical rent
+67%
+22%
+26%
+33%
Typical household income
+39%
+21%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Spring Valley rose 35%; in Bureau County, it rose 14%.
Rents in Spring Valley rose faster than in Bureau County: 67% since 2015–2019, against 22%.
While home values in Spring Valley changed +35% and rent +67%, the typical household income rose 39%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Spring Valley and its comparisons
Measure
Spring Valley
Bureau County
Illinois
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.0%
0.9%
More than one person per room
Unreliable estimate
1.3%
2.5%
3.4%
People per household
2.39
2.31
2.46
2.53
Drive alone
77%
80%
66%
69%
Carpool
18%
11%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
6%
3%
Walk or bike
Unreliable estimate
3%
3%
3%
Work from home
Unreliable estimate
5%
16%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Bureau County, a household in Spring Valley has 2.39 people on average.
More people carpool to work in Spring Valley than in Bureau County: 18% against 11%.
Do the math
What would you pay each month for a home in Spring Valley?
A typical home is within reach of the typical income
We start with a typical home in Spring Valley, worth $153,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 24% of the typical household income in Spring Valley, which is $70,598 a year.
The calculator's FHA and conventional loan limits are those of all of Bureau County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Spring Valley. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,366 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,441
at 7.18% · 30 years
Loan amount
$150,523
Total interest
$216,567
Paid off in
November 2056
Includes $2,589 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,647 a month
Your payment · 25%
Tight
$1,647 to $2,118 a month
Hard
more than $2,118 a month
Compared with the typical household income in Spring Valley ($70,598 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,020
Property tax
$290
Home insurance
$64
FHA mortgage insurance (MIP)
$68
You need at least $5,366 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,441; principal and interest $1,020.
The city and its county
Spring Valley and Bureau County
Spring Valley is in Bureau County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Spring Valley
Map of Bureau County, Illinois, with Spring Valley marked. Around it, the neighboring counties.
Spring Valley
Bureau County
Other cities with a page
Spring Valley's own numbers
Typical home value
$153,300
Typical monthly rent
$915
Typical yearly household income
$70,598
Households that own their home
65%
Effective property tax rate
2.27%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Bureau County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$981
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
1.4%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Bureau County.
A typical home in Spring Valley is worth $153,300: 21% above the county and 42% below Illinois. With the typical household income in Spring Valley ($70,598 a year), a typical home costs 2.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Spring Valley2.2 years
Bureau1.8 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Bureau County
According to FHFA’s house price index, home prices in Bureau County rose 52% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Bureau County.
Yearly change in FHFA’s price index in Bureau County, 2016 to 2025
2016: −2.1% −2.1% 2016
2017: +3.8% +3.8% 2017
2018: −1.9% −1.9% 2018
2019: +7.1% +7.1% 2019
2020: −1.8% −1.8% 2020
2021: +9.2% +9.2% 2021
2022: +12.5% +12.5% 2022
2023: +5.9% +5.9% 2023
2024: +6.9% +6.9% 2024
2025: +4.1% +4.1% 2025
Change in FHFA’s price index in Bureau County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+4.1%
+5.7%
+2.9%
5 years (2020–2025)
+45%
+47%
+47%
10 years (2015–2025)
+52%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Spring Valley next to Bureau County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Spring Valley$153,300
Bureau$126,900
Illinois$263,300
United States$332,700
Typical monthly rent
Spring Valley$915
Bureau$832
Illinois$1,274
United States$1,413
Typical yearly household income
Spring Valley$70,598
Bureau$69,257
Illinois$83,390
United States$80,734
See the full table
Spring Valley next to Bureau County and Illinois
Measure
Spring Valley
Bureau County
Illinois
U.S.
Typical home value
$153,300 ▲21% above the county
$126,900
$263,300
$332,700
Typical monthly rent
$915 ▲10% above the county
$832
$1,274
$1,413
Typical yearly household income
$70,598
$69,257
$83,390
$80,734
Households that own their home
65% ▼11 points below the county
76%
67%
65%
Typical yearly property tax
$3,487 ▲37% above the county
$2,548
$5,298
$3,119
Effective property tax rate
2.27% ▲0.26 points above the county
2.01%
2.01%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Bureau County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Spring Valley
For a typical $153,300 home in Spring Valley, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Spring Valley's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,441a month
Least cash to close
Down payment
$5,366
Cash to close
$9,965
Rate
7.18%
Mortgage insurance
FHA MIP · $68
Conventional, 5% down$1,413a month
Down payment
$7,665
Cash to close
$12,264
Rate
7.18%
Mortgage insurance
PMI · $73
Conventional, 20% down, no PMI$1,185a month
Down payment
$30,660
Cash to close
$35,259
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,326a month
Down payment
$22,995
Cash to close
$27,594
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Spring Valley
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,441
$5,366
$150,523
7.18%
FHA MIP · $68
$9,965
580
Conventional, 5% down
$1,413
$7,665
$145,635
7.18%
PMI · $73
$12,264
620*
Conventional, 20% down, no PMI
$1,185
$30,660
$122,640
7.18%
None
$35,259
620*
ITIN, 15% down (example)
$1,326
$22,995
$130,305
8.18%
None
$27,594
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Spring Valley is $915 a month: 10% above the county.
HUD publishes a fair market rent for all of Bureau County, by unit size. To pay the 2-bedroom one ($981 a month) without spending more than 30% of your income, you would need to earn $18.87 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Bureau County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$683
$13.13
$27,320
1 bedroom
$750
$14.42
$30,000
2 bedrooms
$981
$18.87
$39,240
3 bedrooms
$1,217
$23.40
$48,680
4 bedrooms
$1,352
$26.00
$54,080
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Spring Valley
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Spring Valley is in ZIP code 61362.
For 2 bedrooms it is $1,160: $179 more than the fair market rent for Bureau County ($981).
Fair market rent by ZIP code and size in Spring Valley, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
61362
$810
$890
$1,160
$1,440
$1,600
ZIP code2 bd3 bd
61362 $1,160$1,440
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Spring Valley when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Bureau County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Spring Valley or Bureau County. The ones below are statewide in Illinois: they work in Spring Valley the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
The HUD-approved agencies closest to the center of Spring Valley, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Spring Valley or Bureau County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Spring Valley and all of Bureau County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Spring Valley?
The typical home value in Spring Valley is $153,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Bureau County it is $126,900.
How much does it cost to rent in Spring Valley?
Typical rent in Spring Valley is $915 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Bureau County is $981.
What is the FHA loan limit in Spring Valley?
Spring Valley uses the FHA limit for all of Bureau County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Spring Valley?
The typical homeowner in Spring Valley pays $3,487 a year, according to the U.S. Census Bureau. That is 2.27% of the home’s value; in Bureau County, the rate is 2.01%.
Where can I find free help to buy or rent in Spring Valley?
We found no HUD-approved counseling agencies with an office in Bureau County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
