Olde Towne, Bloomington, IL
Olde Towne — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Olde Towne, Bloomington, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Olde Towne Neighborhood Overview
Olde Towne is a historic and centrally located neighborhood in Bloomington, Illinois, anchored by its ZIP code 61701. The area offers residents a classic Midwestern community feel with convenient access to the broader city. Its coordinates place it near the heart of Bloomington's commercial and civic life.
Lifestyle & Amenities
Residents enjoy a walkable lifestyle with local shops and dining options characteristic of a traditional neighborhood center. The area provides easy access to Bloomington's downtown parks, libraries, and community events. This central location supports a blend of quiet residential living and urban convenience.
Real Estate Market
The real estate market in Olde Towne features a Census median home value of $133,100. Current market trends show an asking price per square foot of approximately $97.9, indicating a market for more compact or historic homes. This positions the neighborhood as an affordable entry point into Bloomington's housing market.
Schools & Education
Families in Olde Towne are served by the Bloomington Public School District 87. The neighborhood's central location provides convenient access to district schools. Higher education options, including Illinois Wesleyan University, are also located nearby in the city.
Transportation & Connectivity
Olde Towne benefits from excellent connectivity due to its central position within Bloomington. Major city arteries and public transit routes are easily accessible for commuters. The neighborhood's walkable grid also makes many daily errands possible without a car.
Why Choose Olde Towne
Olde Towne is ideal for those seeking historic charm, affordability, and a central location. With a median household income of $54,799, it represents a stable, middle-class community. It offers a quintessential Bloomington experience with a strong sense of place and practicality.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Olde Towne 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 Olde Towne, Bloomington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Olde Towne, 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 2026-10-13