Gm Square, Decatur, IL
Gm Square — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Gm Square, Decatur, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Gm Square Neighborhood Overview
Gm Square is a residential neighborhood located in Decatur, Illinois, within the 62521 ZIP code. The area offers a quiet, community-focused atmosphere with convenient access to the broader city. Its central Illinois location provides a classic Midwestern living experience.
Lifestyle & Amenities
Residents of Gm Square enjoy a lifestyle centered around local parks and neighborhood convenience. The area provides easy access to everyday shopping and dining options within Decatur. Community events and recreational facilities contribute to the neighborhood's appeal.
Real Estate Market
The real estate market in Gm Square is characterized by affordability, with a Census median home value of $119,000. Current market data indicates an asking price per square foot of approximately $44. This market presents an accessible entry point for homeownership in the Decatur area.
Schools & Education
Families in Gm Square are served by the Decatur Public Schools district. The neighborhood provides access to the district's range of educational programs from elementary through high school. Parents are encouraged to research specific school assignments and ratings for their area.
Transportation & Connectivity
Gm Square is well-connected by Decatur's network of major roads, facilitating easy commutes across the city. The neighborhood's layout is primarily designed for personal vehicle use. Public transportation options are available through the local transit authority for trips downtown and to key commercial areas.
Why Choose Gm Square
Prospective residents choose Gm Square for its affordable housing market and stable community environment. The neighborhood's median household income of $62,955 suggests a solid economic foundation for its residents. It represents a practical and value-oriented choice within the Decatur housing landscape.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Gm Square Market Data
| Metric | Value |
|---|---|
| Median Home Price | $119K |
| Median Gross Rent | $850/mo |
| Median Household Income | $63K |
| Homeownership Rate | 73.4% |
| Renter-Occupied | 26.6% |
| Rental Vacancy Rate | 10.9% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 62521 |
| 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 Gm Square, Decatur
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Gm Square, Decatur, 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 2026-10-15