Founders' Grove, Bloomington, IL
Founders' Grove — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Founders' Grove, Bloomington, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Founders' Grove Neighborhood Overview
Founders' Grove is a residential neighborhood located in the heart of Bloomington, Illinois, within the 61701 ZIP code. It offers residents a central location with a strong sense of community and convenient access to the city's amenities. The area is characterized by its established homes and tree-lined streets.
Lifestyle & Amenities
Residents enjoy proximity to shopping, dining, and services along nearby major corridors like Veterans Parkway. The neighborhood's central location provides easy access to Bloomington's parks, libraries, and cultural attractions. This blend of residential calm and urban convenience defines the daily lifestyle in Founders' Grove.
Real Estate Market
The real estate market in Founders' Grove features a median home value of $133,100, according to recent Census data. Current market metrics show an asking price per square foot of approximately $111.18, indicating a market for established, single-family homes. This positions the neighborhood as an affordable option within the Bloomington area.
Schools & Education
Families in Founders' Grove are served by the Bloomington Public School District 87. The neighborhood's central location places it near a variety of educational institutions. Parents have access to both public and private school options within the broader Bloomington community.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity via major roads like Veterans Parkway and Main Street, facilitating easy commutes across Bloomington-Normal. Public transit services are accessible for residents needing transportation throughout the twin cities. Its location also provides straightforward access to Interstate 55 and Interstate 74 for regional travel.
Why Choose Founders' Grove
Founders' Grove is an ideal choice for those seeking an affordable, centrally-located neighborhood in Bloomington. It offers the practicality of city living with a quiet, residential atmosphere. The combination of stable housing costs, convenient amenities, and strong connectivity makes it a compelling community for a wide range of residents.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Founders' Grove 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 Founders' Grove, Bloomington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Founders' Grove, 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 2026-10-12