Fairway Knolls, Bloomington, IL
Fairway Knolls — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Fairway Knolls, Bloomington, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Fairway Knolls Neighborhood Overview
Fairway Knolls is a residential neighborhood in northeast Bloomington, Illinois, offering a quiet, suburban atmosphere. Its location provides residents with convenient access to the broader amenities of the city while maintaining a distinct community feel.
Lifestyle & Amenities
The neighborhood features a mix of single-family homes and green spaces, promoting a family-friendly environment. Residents enjoy proximity to shopping, dining, and services along nearby Veterans Parkway and Oakland Avenue.
Real Estate Market
The real estate market in Fairway Knolls is characterized by affordable homeownership, with a Census median home value of $133,100. Current market trends show an asking price per square foot of approximately $141.51, indicating steady demand in the area.
Schools & Education
Families in Fairway Knolls are served by the Bloomington Public School District 87. The neighborhood's location places it near several public schools, providing educational options for children of various ages.
Transportation & Connectivity
Major thoroughfares like Veterans Parkway and I-55 are easily accessible, facilitating commutes to downtown Bloomington, Normal, and beyond. The neighborhood's street layout primarily serves local residential traffic, ensuring calm streets.
Why Choose Fairway Knolls
Fairway Knolls is an ideal choice for homebuyers seeking an affordable, established community with a median household income of $54,799. It balances suburban tranquility with the practical convenience of being close to Bloomington's major retail corridors and employment centers.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Fairway Knolls Market Data
| Metric | Value |
|---|---|
| Median Home Price | $133K |
| Median Gross Rent | $862/mo |
| Median Household Income | $55K |
| Homeownership Rate | 55.9% |
| Renter-Occupied | 44.1% |
| Rental Vacancy Rate | 8.5% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 61701 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Fairway Knolls, Bloomington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Fairway Knolls, Bloomington, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14