Olde Towne South, Peoria, IL
Olde Towne South — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Olde Towne South, Peoria, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Olde Towne South Neighborhood Overview
Olde Towne South is a historic neighborhood located in the heart of Peoria, Illinois, within the 61601 ZIP code. It offers residents a central urban location with convenient access to the city's core amenities and employment centers. The area is characterized by its established residential streets and proximity to the Illinois River.
Lifestyle & Amenities
Residents enjoy a walkable, urban lifestyle with several local parks and community spaces nearby. The neighborhood's central location provides relatively easy access to downtown Peoria's dining, entertainment, and cultural venues. Daily conveniences like grocery stores and shops are a short drive away.
Real Estate Market
The real estate market in Olde Towne South is defined by its affordability, with a Census-reported median home value of $24,500. Current market data indicates an asking price per square foot of approximately $19.84. The rental market shows a significant asking rent, reported at $19,900 per month, which may reflect specialized or commercial property listings in the area.
Schools & Education
Families in Olde Towne South are served by the Peoria Public Schools District. The neighborhood provides access to the district's range of educational programs from elementary through high school. Specific school assignments and performance data should be verified directly with the district for the most current information.
Transportation & Connectivity
The neighborhood is well-connected by major arterial roads, facilitating easy commutes to other parts of Peoria and the Greater Peoria area. Public transportation services are provided by the Greater Peoria Mass Transit District (CityLink). Its central position offers efficient connectivity to Interstate 74 and other key highways.
Why Choose Olde Towne South
Olde Towne South appeals to those seeking an affordable, centrally-located urban neighborhood in Peoria. It represents a historic community with a strong sense of place near the city's downtown core. The market offers unique entry points for homeownership, making it a practical choice for budget-conscious buyers.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Olde Towne South Market Data
| Metric | Value |
|---|---|
| Median Home Value | $25K |
| Market Tier | Affordable |
| Primary ZIP Code | 61601 |
| 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 Olde Towne South, Peoria
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Olde Towne South, Peoria, 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