Old Farm Lakes, Bloomington, IL
Old Farm Lakes — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Old Farm Lakes, Bloomington, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Old Farm Lakes Neighborhood Overview
Old Farm Lakes is a residential neighborhood located in the northwest corner of Bloomington, Illinois. The area is characterized by its quiet, suburban atmosphere and proximity to natural features. It offers residents a peaceful living environment within the larger city.
Lifestyle & Amenities
The neighborhood's name hints at its connection to natural spaces, providing a serene setting for residents. While specific local amenities are not detailed, its location in northwest Bloomington offers convenient access to the broader retail and dining options of the city. The area is well-suited for those seeking a quiet, family-oriented community.
Real Estate Market
The real estate in Old Farm Lakes consists primarily of single-family homes, with a Census median home value of $133,100. Current market data indicates an asking price per square foot of approximately $94.7, reflecting its position in the Bloomington housing market. This presents a more affordable entry point compared to many national averages.
Schools & Education
Families in Old Farm Lakes are served by the Bloomington Public School District 87. The district operates several elementary, middle, and high schools throughout the city. Prospective residents are encouraged to research current school boundaries and ratings for the most accurate information.
Transportation & Connectivity
The neighborhood provides easy access to major routes like Veterans Parkway and Interstate 55, facilitating commutes and regional travel. Public transportation services are available through Connect Transit, Bloomington-Normal's local bus system. Its location makes destinations across the Twin Cities readily accessible by car.
Why Choose Old Farm Lakes
Old Farm Lakes is an ideal choice for homebuyers seeking an affordable, quiet neighborhood in Bloomington. With a median household income of $54,799, it offers a stable community atmosphere. The combination of suburban tranquility and city convenience makes it a practical and appealing place to call home.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Old Farm Lakes 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 Old Farm Lakes, Bloomington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Old Farm Lakes, Bloomington, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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