The Elms, Decatur, IL
The Elms — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for The Elms, Decatur, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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The Elms Neighborhood Overview
The Elms is a residential neighborhood located in Decatur, Illinois, within the 62521 ZIP code. It offers residents a quiet, community-focused atmosphere within the larger city. The area is characterized by its established homes and convenient access to local amenities.
Lifestyle & Amenities
Residents of The Elms enjoy a lifestyle centered around local parks and neighborhood charm. The area provides convenient access to everyday shopping and dining options found throughout Decatur. Its location supports a balanced pace of life for individuals and families.
Real Estate Market
The real estate market in The Elms features affordable homeownership, with a Census median home value of $119,000. Current market data indicates an asking price per square foot of approximately $68.59. This positions the neighborhood as a value-oriented option within the Decatur area.
Schools & Education
The Elms is served by the Decatur Public Schools district, which operates several elementary, middle, and high schools in the city. Families in the neighborhood have access to these public educational institutions. The specific school assignments are determined by the district based on the student's address.
Transportation & Connectivity
The neighborhood benefits from Decatur's grid-style street network, facilitating easy car travel to different parts of the city. Major routes provide connectivity to employment centers, healthcare facilities, and retail corridors. Public transportation options are available through the local bus service.
Why Choose The Elms
Choosing The Elms means selecting an affordable, established community with a median household income of $62,955. It is ideal for those seeking a quiet neighborhood with a strong sense of place and good city access. The combination of value, location, and community makes it a practical choice for many homebuyers.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
The Elms 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 The Elms, Decatur
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for The Elms, Decatur, 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 2026-10-15