Grand Central, Springfield, IL
Grand Central — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Grand Central, Springfield, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Grand Central Neighborhood Overview
Grand Central is a neighborhood located in the heart of Springfield, Illinois, within the 62701 ZIP code. Positioned at coordinates 39.8000, -89.6495, it offers a central urban living experience in the state capital.
Lifestyle & Amenities
Residents enjoy proximity to downtown Springfield's government offices, historic sites, and cultural attractions. The neighborhood provides convenient access to local dining and services, supporting an urban lifestyle.
Real Estate Market
The Grand Central real estate market features a Census median home value of $67,250. Current market data indicates an asking price per square foot of approximately $76.66, reflecting its central location.
Schools & Education
Families in the Grand Central neighborhood are served by the Springfield Public Schools District. Specific school assignments and performance data should be verified with the local district for the most current information.
Transportation & Connectivity
The neighborhood's central location provides excellent connectivity to major roads and public transit options serving the greater Springfield area. This makes commuting and accessing regional amenities highly convenient for residents.
Why Choose Grand Central
Grand Central appeals to those seeking an affordable, centrally located urban home, with a median household income of $31,500. It is ideal for individuals who value walkability and close proximity to the core functions of the capital city.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Grand Central Market Data
| Metric | Value |
|---|---|
| Median Gross Rent | $604/mo |
| Median Household Income | $32K |
| Homeownership Rate | 3.0% |
| Renter-Occupied | 97.0% |
| Rental Vacancy Rate | 14.7% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 62701 |
| 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 Grand Central, Springfield
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Grand Central, Springfield, 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 2026-10-10