Ironwood, Normal, IL
Ironwood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Ironwood, Normal, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Ironwood Neighborhood Overview
Ironwood is a residential neighborhood located in the northern part of Normal, Illinois. It offers a quiet, suburban atmosphere within the Bloomington-Normal metropolitan area. The community is characterized by its family-friendly environment and well-maintained homes.
Lifestyle & Amenities
Residents enjoy a peaceful suburban lifestyle with convenient access to local parks and shopping. The neighborhood is situated near major retail corridors, providing easy trips for groceries and essentials. Its location offers a balance of tranquility and accessibility to the wider Twin Cities area.
Real Estate Market
The Ironwood real estate market features primarily single-family homes. According to Census data, the median home value is $195,300, while current market metrics show an asking price per square foot of approximately $93.2. This indicates a stable and affordable housing market for Central Illinois.
Schools & Education
Families in Ironwood are served by the highly regarded Unit 5 School District. The specific schools serving the neighborhood are determined by current district boundaries. The area's strong educational system is a significant draw for families moving to the community.
Transportation & Connectivity
Ironwood provides excellent connectivity via nearby Veterans Parkway, a major arterial road. This allows for straightforward commutes to downtown Normal, Illinois State University, and Bloomington. The neighborhood's layout is designed primarily for vehicular travel, with easy access to the region's highway network.
Why Choose Ironwood
Ironwood is an ideal choice for those seeking an affordable, stable community with a median household income of $64,335. It appeals to families and professionals looking for a quiet suburban setting with the convenience of city amenities nearby. The combination of good schools, accessible location, and solid housing values makes it a compelling neighborhood in Normal.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Ironwood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $195K |
| Median Gross Rent | $925/mo |
| Median Household Income | $64K |
| Homeownership Rate | 56.0% |
| Renter-Occupied | 44.0% |
| Rental Vacancy Rate | 7.6% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 61761 |
| 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 Ironwood, Normal
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Ironwood, Normal, 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 2026-10-14