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Old Farm Lakes Homes for Sale

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  • /31

    $319,000

    • 4 Beds
    • 2.5 Baths
    • 2,219 Sq Ft

    7 Swan Lake Rd, Bloomington, IL 61704

    Are you looking forward to taking your daily walks around the lake? Just across the street and you're there! You can fish or paddleboat on the large lake. If you prefer to unwind on your patio, you can enjoy the beauty of your professionally landscaped, fenced yard. This four bedroom two and a half bath home offers plenty of choices. For those who enjoy spending time indoors, you can relax in

    Emily Almeida RE/MAX Rising

    7 Swan Lake Rd, Bloomington, IL 61704
  • /42

    $330,000

    • 4 Beds
    • 4 Baths
    • 2,846 Sq Ft

    2 Blue Lake Ct, Bloomington, IL 61704

    Welcome to your dream home in Old Farm Lakes-a quiet cul-de-sac setting just steps from the Constitution Trail! This move-in ready 4-5 bedroom, 2-story beauty has been lovingly maintained and stylishly updated, offering the perfect blend of comfort and convenience. Inside, you'll love the spacious kitchen with Corian countertops, island, pantry, and tile floors-all flowing seamlessly into a

    Jeanie Walls Coldwell Banker Real Estate Group

    2 Blue Lake Ct, Bloomington, IL 61704

Why Live in Old Farm Lakes

Old Farm Lakes in Bloomington is a suburban neighborhood known for its lakeside living and green spaces. It features two lakes: Fountain Lake, where boating is not allowed, and Swan Lake, which permits paddle boats and canoes. The lakes are maintained by the Old Farm Lakes Property Owners Association and are regularly stocked with fish. Homes, built around 1999, offer spacious yards and mature trees, with styles ranging from two-story traditional to ranch-style homes. The neighborhood is served by highly rated Bloomington High School, recognized by U.S. News & World Report. Residents have access to numerous things to do, including the nearby Constitution Trail, a 37-mile paved trail popular with bikers, runners, and walkers. Gaelic Park, half a mile south, features a playground, basketball court, and gazebo, while Rollingbrook Park, slightly more than half a mile west, offers pickleball courts and a playground. The commercial corridor along Veterans Parkway provides convenient shopping and dining options, including national chains and local favorites like Aroma Indian Restaurant & Bar. The Eastland Mall, located a mile north of East Oakland and Veterans Parkway, offers additional retail options. The Central Illinois Regional Airport is a notable landmark, providing connectivity to larger airports without significant noise disruption to the neighborhood. Interstate 74 is 5 miles southwest, facilitating travel to downtown St. Louis, approximately 160 miles away. Downtown Bloomington, 5 miles west, hosts various annual events, including live music series and holiday parades. The neighborhood's sidewalks and trail connections enhance walkability, making it easy for residents to explore the area.

Frequently Asked Questions

Is Old Farm Lakes a good place to live?
Old Farm Lakes is a good place to live. Old Farm Lakes is considered very car-dependent and somewhat bikeable with minimal transit options. Old Farm Lakes has 13 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 43. The average household income is $140,882 which is above the national average. College graduates make up 65.3% of residents. A majority of residents in Old Farm Lakes are home owners, with 3.7% of residents renting and 96.3% of residents owning their home. A local real estate agent serving Old Farm Lakes can help you decide if this neighborhood is the right one for you. Learn more on our Old Farm Lakes neighborhood guide.
How much do you need to make to afford a house in Old Farm Lakes?
The median home price in Old Farm Lakes is $319,900. If you put a 20% down payment of $64,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Old Farm Lakes. The average household income in Old Farm Lakes is $141K.
What are the best public schools in Old Farm Lakes?
The best public schools that serve Old Farm Lakes are:
What are the best private schools in Old Farm Lakes?
The best private schools that serve Old Farm Lakes are:
What are the most popular zip codes in Old Farm Lakes, Bloomington, IL?
The most popular zip codes in Old Farm Lakes, Bloomington, IL include 61704, 61705, 61701, 61761 and 61736.
What are the most popular neighborhoods near Old Farm Lakes, Bloomington, IL?
The most popular neighborhoods near Old Farm Lakes, Bloomington, IL are Oakridge, Lakewood-Hillcrest, Founders Grove, Pleasant Hills and Near East.

Home Trends in Old Farm Lakes, IL

Housing Trends

Median Sale Price
$332,000
Median Single Family Sale Price
$330,000
Average Price Per Sq Ft
$118
Number of Homes for Sale
2
Last 12 months Home Sales
13
Months of Supply
1.80
Median List Price
$319,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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