Home prices
The median home in Spring Valley is valued at $113,200. In comparison to the surrounding areas this is approximately $13,660 (13%) higher.In comparison to the rest of the nation it is about $104,300 (47%) lower, and in comparison to the city of Rockford it is approximately $21,600 (23%) higher.
Rents
The median monthly rent in Spring Valley is $547. In comparison to the surrounding areas it is roughly $211 (27%) lower.It is roughly $515 (48%) lower compared to the entire nation, and it is approximately $225 (29%) lower in comparison to the city of Rockford.
Nearby places
Dalzell
Dalzell is Spring Valley's neighbor to the northeast. The housing prices there are a little more expensive. The cost of the median home in Dalzell is $128,400, which comes out to $15,200 (11%) higher than Spring Valley. The rent there is substantially more expensive. In Dalzell the median rent is $808 a month, which is $261 (32%) higher than Spring Valley.
Peru
Peru is roughly 3 miles east from Spring Valley. Its housing prices are a little more expensive. The median home cost in Peru is $127,400, which works out to $14,200 (11%) higher than Spring Valley. Rents there are a bit more expensive. The median rent in Peru is $744 a month, which works out to $197 (26%) higher than Spring Valley.
Ladd
Ladd is roughly 3 miles north from Spring Valley. Real estate prices there are a bit less expensive. The median home price in Ladd is $103,000, which works out to $10,200 (9%) lower than Spring Valley. Its rents are a bit more expensive. The median monthly rent in Ladd is $757, which comes out to $210 (27%) higher than Spring Valley.
Seatonville
Seatonville is about 3 miles northwest of Spring Valley. Housing prices there are a little less expensive. The median home in Seatonville costs $87,100, which comes out to $26,100 (29%) lower than Spring Valley. Rent there is a little more expensive. In Seatonville the median rent is $763 per month, which is $216 (28%) higher than Spring Valley.
De Pue
De Pue is roughly 4 miles west from Spring Valley. Housing prices there are substantially less expensive. The median home in De Pue costs $51,800, which is $61,400 (118%) lower than Spring Valley. The rent there is a bit more expensive. The median rent in De Pue is $718 per month, which works out to $171 (23%) higher than Spring Valley.