Pillsbury, Springfield, IL
Pillsbury — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Pillsbury, Springfield, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Pillsbury Neighborhood Overview
Pillsbury is a neighborhood located in the heart of Springfield, Illinois, within the 62701 ZIP code. It offers residents a central urban location with convenient access to the city's core institutions and services. The area provides a distinct living experience within the state capital.
Lifestyle & Amenities
Residents of Pillsbury benefit from its proximity to downtown Springfield's offerings. The neighborhood's central position allows for relatively easy access to government buildings, historic sites, and various urban amenities. Daily needs and services are typically within a short distance.
Real Estate Market
The Pillsbury real estate market is characterized by very affordable home values, with a Census median of $22,500. Current market data indicates an asking rent of approximately $24,900 per month and a price per square foot around $16.67. This combination suggests a market with a significant range in property types and values.
Schools & Education
Families in the Pillsbury neighborhood are served by the Springfield Public School District. The specific schools serving the area and their performance ratings should be verified with the district for the most current information. Proximity to higher education institutions in Springfield may also be a factor for some residents.
Transportation & Connectivity
Pillsbury's central location provides good connectivity to major roads and thoroughfares in Springfield. Public transportation options are available through the local mass transit system, facilitating travel throughout the city. The neighborhood's walkability varies by specific block and destination.
Why Choose Pillsbury
Pillsbury appeals to those seeking an affordable, centrally located entry point into Springfield's urban core. The neighborhood's low median home value stands in contrast to its high current asking rent, indicating a complex and potentially dynamic housing market. It represents a practical choice for budget-conscious residents who value proximity to downtown.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Pillsbury 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 Pillsbury, Springfield
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Pillsbury, 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