Mather & Wells Neighborhood Association, Springfield, IL
Mather & Wells Neighborhood Association — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Mather & Wells Neighborhood Association, Springfield, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Mather & Wells Neighborhood Association Neighborhood Overview
The Mather & Wells Neighborhood Association is a residential community located in the heart of Springfield, Illinois. Centered near the 62701 ZIP code, it offers a central urban location with a strong sense of local identity. The neighborhood is characterized by its community-focused association that works to maintain and improve the area for its residents.
Lifestyle & Amenities
Residents enjoy a convenient lifestyle with proximity to downtown Springfield's offerings. The neighborhood provides access to local parks, shops, and dining establishments within a short distance. The active neighborhood association often facilitates community events and initiatives, fostering a connected local environment.
Real Estate Market
The real estate market in the Mather & Wells area is notably affordable, with a U.S. Census median home value of $110,000. This presents an accessible entry point for first-time homebuyers and investors. The market consists primarily of single-family homes that reflect the area's historic development.
Schools & Education
The neighborhood is served by the Springfield Public Schools District 186. Families have access to a range of public educational institutions from elementary through high school. For specific school assignments and performance data, prospective residents should consult the district's current boundary maps.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity due to its central location. Major city thoroughfares provide easy access to downtown Springfield, state government buildings, and major employers. Public transit options are available, making commuting and running errands without a car feasible for many residents.
Why Choose Mather & Wells Neighborhood Association
This neighborhood is ideal for those seeking an affordable, centrally located community in the state capital. The active neighborhood association provides a structured way for residents to engage with their neighbors and address local matters. It represents a practical choice for budget-conscious buyers who value urban convenience and community involvement.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Mather & Wells Neighborhood Association 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 Mather & Wells Neighborhood Association, Springfield
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Mather & Wells Neighborhood Association, 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