Frequently Asked Questions
Is GM Square a good place to live?
GM Square is a good place to live. GM Square is considered somewhat walkable and bikeable. GM Square is an urban core neighborhood. GM Square has 3 parks for recreational activities. It has a median age of 40. The average household income is $46,461 which is below the national average. College graduates make up 18.4% of residents. A majority of residents in GM Square are renters, with 59.2% of residents renting and 40.8% of residents owning their home. A
local real estate agent serving GM Square can help you decide if this neighborhood is the right one for you. Learn more on our
GM Square neighborhood guide.
Is GM Square, IL a safe neighborhood?
GM Square, IL is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in GM Square?
The median home price in GM Square is $49,450. If you put a 20% down payment of $9,900 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $10K a year to afford the median home price in GM Square. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in GM Square is $46K.
What are the best public schools in GM Square?
The best public schools that serve GM Square are:
What are the best private schools in GM Square?
The best private schools that serve GM Square are:
What are the most popular zip codes in GM Square, Decatur, IL?
What are the most popular neighborhoods near GM Square, Decatur, IL?
Home Trends in GM Square, IL
On average, homes in GM Square, Decatur sell after 48 days on the market compared to the national average of 55 days. The median sale price for homes in GM Square, Decatur over the last 12 months is $41,750, up 39% from the median home sale price over the previous 12 months.
Median Sale Price
$41,750
Median Single Family Sale Price
$40,250
Average Price Per Sq Ft
$36
Number of Homes for Sale
4
Last 12 months Home Sales
18
Median List Price
$49,450
Median Change From 1st List Price
15%
Median Home Sale Price YoY Change
39%