Ravina Park, Decatur, IL
Ravina Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Ravina Park, Decatur, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Ravina Park Neighborhood Overview
Ravina Park is a residential neighborhood located in the northeastern part of Decatur, Illinois. It offers residents a quiet, suburban atmosphere within the city limits. The area is characterized by its convenient location and established community feel.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and nearby shopping corridors. The neighborhood provides easy access to everyday retail and dining options. Its setting offers a balance of residential calm and practical convenience.
Real Estate Market
The real estate market in Ravina Park features affordable homeownership, with a Census median home value of $119,000. Current market data indicates an asking price per square foot of approximately $91.25. This positions the neighborhood as a value-oriented option within the Decatur area.
Schools & Education
Families in Ravina Park are served by the Decatur Public Schools district. The neighborhood's location provides access to a range of public educational institutions. Prospective residents should research specific school assignments and ratings.
Transportation & Connectivity
The neighborhood benefits from good road connectivity to major routes in and around Decatur. Residents rely primarily on private vehicles for daily commuting and errands. Its layout facilitates straightforward travel to other parts of the city.
Why Choose Ravina Park
Ravina Park is an excellent choice for buyers seeking an affordable, stable community in Decatur. With a median household income of $62,955, it represents a solid middle-class enclave. It appeals to those who value practicality, space, and a traditional neighborhood setting.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Ravina Park 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 Ravina Park, Decatur
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Ravina Park, 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