House Prices

House Prices & Home Values Speer, IL 2026


Average Data

average house price$83,931
average size per house1373 ft²
average price per ft²62 $ / ft²

06/14/2026 - The value range (VR) for house prices in Speer, IL is $52/ sqft to $52/ sqft. An average home with 1373 sqft costs approximately $71,396 to $71,396. Speer, IL includes 1 ZIP codes and it is located in Stark county. The lowest prices are found in ZIP 61479, while the highest are in ZIP 61479. The average price per sqare feet is $62. Our analysis is based on 26 property listings.

Avergage prices by ZIP codes Speer

6147950 $ / ft²




Historical development of home values in Speer

Year Estimated value (USD) Change vs. 2025
2010 $38,979 -53.6%
2011 $37,472 -55.4%
2012 $37,371 -55.5%
2013 $38,768 -53.8%
2014 $40,695 -51.5%
2015 $42,784 -49.0%
2016 $45,017 -46.4%
2017 $47,447 -43.5%
2018 $50,070 -40.3%
2019 $52,391 -37.6%
2020 $55,100 -34.4%
2021 $62,670 -25.3%
2022 $73,059 -13.0%
2023 $77,044 -8.2%
2024 $81,501 -2.9%
2025 $83,931 0.0%

Graph: estimated home values in Speer over time (USD)



Example: 100% financing house in Speer

Loan amount: $83,931

Interest rate: 6.00%

Fixed monthly payment: $503.21

Breakdown in the 1st month:
Interest portion: $419.66  –  Principal portion: $83.55

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,007.82 $1,030.68 $82,900.32
2 $4,944.25 $1,094.25 $81,806.06
3 $4,876.76 $1,161.74 $80,644.32
4 $4,805.11 $1,233.40 $79,410.92
5 $4,729.03 $1,309.47 $78,101.45
6 $4,648.27 $1,390.24 $76,711.22
7 $4,562.52 $1,475.98 $75,235.23
8 $4,471.49 $1,567.02 $73,668.21
9 $4,374.84 $1,663.67 $72,004.55
10 $4,272.22 $1,766.28 $70,238.27
11 $4,163.28 $1,875.22 $68,363.05
12 $4,047.63 $1,990.88 $66,372.17
13 $3,924.83 $2,113.67 $64,258.49
14 $3,794.47 $2,244.04 $62,014.45
15 $3,656.06 $2,382.45 $59,632.01
16 $3,509.11 $2,529.39 $57,102.61
17 $3,353.11 $2,685.40 $54,417.22
18 $3,187.48 $2,851.03 $51,566.19
19 $3,011.63 $3,026.87 $48,539.31
20 $2,824.94 $3,213.56 $45,325.75
21 $2,626.74 $3,411.77 $41,913.98
22 $2,416.30 $3,622.20 $38,291.78
23 $2,192.90 $3,845.61 $34,446.17
24 $1,955.71 $4,082.80 $30,363.37
25 $1,703.89 $4,334.62 $26,028.75
26 $1,436.54 $4,601.97 $21,426.79
27 $1,152.70 $4,885.81 $16,540.98
28 $851.35 $5,187.15 $11,353.83
29 $531.42 $5,507.08 $5,846.75
30 $191.76 $5,846.75 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Speer, IL


1500 sqft3900 sqft
Ø selling price$112,531$239,383
Ø fast selling$102,301$215,444
Ø high price sale$122,761$263,321

In 2026, houses in Speer, IL will be offered at an average price of $62 per square foot. A 1,500 sqft home priced at $112,531 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $239,383. Home prices in Speer, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $165,726. Sellers who can wait longer may achieve a higher price of up to $202,555.


Discover Speer, Illinois

Speer, Illinois is an unincorporated community in Stark County, known for its quiet rural character and open skies.
With ZIP code 61479 and area code 309, this small community offers country living surrounded by productive farmland.

Location and lifestyle

Located in Central Illinois, Speer sits amid rolling fields with convenient access to nearby small towns and regional employers.
Residents appreciate a laid-back pace, scenic drives, and straightforward connections via well-maintained county roads.

Things to do and nearby attractions

Local outdoor recreation includes hunting, fishing, cycling country lanes, and seasonal agritourism, while nearby nature areas provide hiking and birding.
Dining, shopping, and essential services are found in neighboring communities, with larger options available within a reasonable drive.

Community and real estate

The housing mix and real estate around Speer features farmhouses, acreage, and rural homesites that appeal to buyers seeking space and value.
Open land, barns, and workshops make the area attractive for hobby farms, small businesses, and those who work from home.

History and economy

Speer?s history is rooted in Central Illinois agriculture and the rail-and-road networks that supported small communities.
Today the local economy centers on farming and ag-related services, complemented by commuting to jobs in nearby cities.



FAQ – Home Values in Speer

What is the median home value in Speer in 2026?

In 2026, the typical home value in Speer is about $83,931 for an average home size of 1373 square feet. This corresponds to an average price of roughly $62 per square foot.

What is the average cost per square foot in Speer?

In 2026, homes in Speer sell for an average of around $62 per square foot, with a typical range between $52 and $52 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Speer is about 1373 square feet, with an estimated 2026 value around $83,931.



Locations close to Speer, IL

Stronghurst, IL78 $ / ft²
Table Grove, IL65 $ / ft²
Toulon, IL90 $ / ft²
Smithshire, IL52 $ / ft²
Smithfield, IL57 $ / ft²
Seaton, IL57 $ / ft²
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