Lakewood-Hillcrest, Bloomington, IL
Lakewood-Hillcrest — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lakewood-Hillcrest, Bloomington, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Lakewood-Hillcrest Neighborhood Overview
Lakewood-Hillcrest is a residential neighborhood in northwest Bloomington, Illinois, offering a quiet, suburban atmosphere. It is characterized by its well-established homes, mature tree-lined streets, and a strong sense of community. The area provides a balanced lifestyle with convenient access to city amenities and natural spaces.
Lifestyle & Amenities
Residents enjoy proximity to local parks and shopping centers, providing everyday convenience. The neighborhood's layout favors a peaceful, family-friendly environment ideal for walking and outdoor activities. Its location offers easy drives to a variety of dining and retail options in Bloomington.
Real Estate Market
The housing market in Lakewood-Hillcrest features primarily single-family homes, many of which are established properties. According to U.S. Census data, the median home value in the area is $133,100. This represents an affordable entry point into Bloomington's stable housing market.
Schools & Education
The neighborhood is served by the Bloomington Public School District 87, which operates several elementary, middle, and high schools in the city. Families have access to the district's educational programs and resources. Specific school assignments are determined by the district based on current boundaries.
Transportation & Connectivity
Lakewood-Hillcrest is conveniently located near major routes like Veterans Parkway and Interstate 55, facilitating commutes across the Bloomington-Normal area. Public transit options are available through Connect Transit, the local bus service. The neighborhood's streets are primarily designed for local residential traffic, maintaining a calm environment.
Why Choose Lakewood-Hillcrest
Homebuyers choose Lakewood-Hillcrest for its affordability, established character, and quiet suburban setting. With a median household income of $54,799, the neighborhood offers a comfortable cost of living. It is an excellent choice for those seeking a stable, community-oriented area within Bloomington.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Lakewood-Hillcrest 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 Lakewood-Hillcrest, Bloomington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lakewood-Hillcrest, 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