South Oakland, Bloomington, IL
South Oakland — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for South Oakland, Bloomington, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
South Oakland Neighborhood Overview
South Oakland is a residential neighborhood in Bloomington, Illinois, offering a quiet, established community atmosphere. Centered around the Oakland Elementary School campus, it provides a family-friendly environment with convenient access to local amenities. The area is characterized by its classic mid-century homes and mature tree-lined streets.
Lifestyle & Amenities
Residents enjoy proximity to Oakland Elementary's park and playground, which serves as a neighborhood hub. The area is primarily residential, with shopping, dining, and services available a short drive away on nearby major arteries like Veterans Parkway. This balance offers a peaceful home base with easy access to city conveniences.
Real Estate Market
The real estate market in South Oakland features primarily single-family homes, many built in the mid-20th century. According to U.S. Census data, the median home value in the area is $133,100, representing an affordable entry point into the Bloomington housing market. This stability makes it an attractive option for first-time homebuyers and families.
Schools & Education
The neighborhood is served by Bloomington Public School District 87. Oakland Elementary School is a central fixture within the community, providing education for younger residents. For older students, the district includes middle and high schools that are accessible from the area.
Transportation & Connectivity
South Oakland is well-connected by major roads, including Veterans Parkway to the west and Oakland Avenue to the east, facilitating easy commutes across Bloomington-Normal. The neighborhood's location provides straightforward access to Interstate 55, connecting residents to employment centers and the broader region. Public transit service is available through Connect Transit's local bus routes.
Why Choose South Oakland
South Oakland is an ideal choice for those seeking an affordable, stable neighborhood with a strong sense of community. Its excellent location offers the tranquility of a residential area while keeping daily necessities and major employers within easy reach. With a median household income of $54,799, it represents a comfortable and practical living option in the heart of Bloomington.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
South Oakland 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 South Oakland, Bloomington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for South Oakland, 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 2026-10-14