Old Aristocracy Hill, Springfield, IL
Old Aristocracy Hill — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Old Aristocracy Hill, Springfield, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Old Aristocracy Hill Neighborhood Overview
Old Aristocracy Hill is a historic neighborhood in Springfield, Illinois, anchored by the ZIP code 62701. Its central location provides residents with a unique urban living experience close to the heart of the state capital. The area carries a legacy reflected in its name and architecture.
Lifestyle & Amenities
Residents enjoy proximity to downtown Springfield's government buildings, museums, and cultural institutions. The neighborhood offers a walkable urban environment with local dining and shopping options within reach. Its historic character provides a distinct sense of place and community.
Real Estate Market
The real estate market in Old Aristocracy Hill presents a notable contrast, with a Census-reported median home value of $41,000. Current market data, however, shows an asking price per square foot of approximately $90.38, indicating active property listings. This dynamic suggests a market with varied property types and values.
Schools & Education
Families in the 62701 ZIP code are served by the Springfield Public Schools district. The neighborhood's central location provides access to a range of public educational institutions. Specific school ratings and programs can vary within the district.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity due to its central position in Springfield. Major city thoroughfares provide easy access to other parts of the city and region. Public transportation options are available through the Springfield Mass Transit District.
Why Choose Old Aristocracy Hill
This neighborhood appeals to those seeking an authentic, historic urban lifestyle in Springfield's core. The combination of central location, architectural character, and access to city amenities defines its appeal. It represents a unique and established community within 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
Old Aristocracy Hill 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 Old Aristocracy Hill, Springfield
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Old Aristocracy Hill, Springfield, 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 2026-10-10