Why Live in Millikin Home
Millikin Home in Decatur is a neighborhood steeped in history, featuring diverse architectural styles and historical landmarks. The area is known for its historic homes, dating from 1870 to 1940, with styles such as Cape Cod, American Foursquare, Italianate, and Craftsman. The neighborhood's brick streets are lined with shade trees that create a picturesque setting, especially in autumn. Millikin University, located directly west, is a significant presence, with many homes converted into multi-family units for student rentals. Recreational opportunities abound, with the Decatur Indoor Sports Center offering amenities like an indoor track, pickleball courts, and a climbing wall. Fairview Park, less than 2 miles away, provides outdoor activities including a dog park, playground, and bike trails.
Dining options are plentiful, with Lock Stock & Barrel, University Dogs, and Winery Bar nearby. Downtown Decatur, just 5 minutes away by car, offers fine dining at Decatur Club and The Gin Mill, as well as coffee at The River Coffee Club. Shopping includes Blessingdales Thrift Shop and Franci’s Vintage Boutique, with Speakeasy Records & Oddities adding a unique touch. The neighborhood is well-connected by Highway 36 and public transportation, though most residents drive. The closest airport is Decatur Airport, just over 5 miles east.
Historical landmarks include the James Millikin Homestead, now a museum, and the Staley Museum, preserving the legacy of A. E. Staley. The neighborhood's crime rate is lower than the national average, making it a safer place to live.
Frequently Asked Questions
Is Millikin Home a good place to live?
Millikin Home is a good place to live. Millikin Home is considered fairly walkable and bikeable. Millikin Home is a historic neighborhood. Millikin Home has 9 parks for recreational activities. It has a median age of 38. The average household income is $39,239 which is below the national average. College graduates make up 15.1% of residents. A majority of residents in Millikin Home are renters, with 71.3% of residents renting and 28.7% of residents owning their home. A
local real estate agent serving Millikin Home can help you decide if this neighborhood is the right one for you. Learn more on our
Millikin Home neighborhood guide.
How much do you need to make to afford a house in Millikin Home?
The median home price in Millikin Home is $109,900. If you put a 20% down payment of $22,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $24K a year to afford the median home price in Millikin Home. The average household income in Millikin Home is $39K.
What are the best public schools in Millikin Home?
The best public schools that serve Millikin Home are:
What are the best private schools in Millikin Home?
The best private schools that serve Millikin Home are:
What are the most popular zip codes in Millikin Home, Decatur, IL?
What are the most popular neighborhoods near Millikin Home, Decatur, IL?
Are home prices dropping in Millikin Home?
Yes, home prices in Millikin Home are down 67% in the last 12 months.
Home Trends in Millikin Home, IL
On average, homes in Millikin Home, Decatur sell after 78 days on the market compared to the national average of 70 days. The median sale price for homes in Millikin Home, Decatur over the last 12 months is $109,000, down 67% from the median home sale price over the previous 12 months.
Median Sale Price
$109,000
Median Single Family Sale Price
$212,500
Median 2 Bedroom Sale Price
$688,000
Average Price Per Sq Ft
$128
Number of Homes for Sale
2
Last 12 months Home Sales
10
Median List Price
$109,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-67%