Springfield Far East District, Springfield, IL
Springfield Far East District — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Springfield Far East District, Springfield, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Springfield Far East District Neighborhood Overview
The Springfield Far East District is a residential neighborhood located in the eastern part of Illinois' capital city. It offers residents a quiet, community-focused atmosphere within the larger urban setting. The area is characterized by its affordability and proximity to key city services.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood convenience. The district provides essential shopping and dining options for daily needs. Its location allows for relatively easy access to the broader amenities of downtown Springfield.
Real Estate Market
The real estate market here is notably affordable, with a Census-reported median home value of $95,000. This price point makes homeownership accessible, particularly for first-time buyers and those with moderate incomes. The market consists primarily of single-family homes.
Schools & Education
The neighborhood is served by the Springfield Public Schools District 186. Families have access to the public school system's elementary, middle, and high schools. Specific school assignments and performance data should be verified directly with the district.
Transportation & Connectivity
The district is well-connected by major arterial roads, facilitating commutes across the city. Public transportation is available through the Springfield Mass Transit District bus service. The neighborhood's layout is primarily designed for vehicular travel.
Why Choose Springfield Far East District
This neighborhood is an ideal choice for budget-conscious individuals and families seeking an affordable entry into the Springfield housing market. It offers a balance of residential calm and urban accessibility. The community represents a practical and cost-effective living option in the capital city.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Springfield Far East District 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 Springfield Far East District, Springfield
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Springfield Far East District, 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