Why Live in Southmoreland
Southmoreland, a neighborhood in Decatur, is characterized by its spacious yards and midcentury ranch homes, with some contemporary designs along the lakeside. Streets named "Road 1" or "Road 2" enhance the area's sense of privacy, with many properties exceeding half an acre. Although there are no public parks within Southmoreland, residents enjoy a common grassy area by the lake and can visit Nelson Park, just over a mile away, for extensive recreational activities including an outdoor amphitheater and water park. Dining options are not available within the neighborhood, so residents travel 2 miles to downtown Decatur, where popular spots like The Gin Mill and Coney McKane's offer diverse dining experiences. For groceries, a Kroger is less than 2 miles away, with additional options 4 miles across Lost Bridge Road. Southmoreland's lakeside location provides community access points to Lake Decatur, including the Commodore Decatur Yacht Club, which offers sailing lessons and seasonal events. However, homes along the shore face a slight flood risk and typically require flood insurance. The neighborhood is conveniently located near St. Mary's Hospital, which is undergoing significant renovations, and at the start of Lost Bridge Road, providing easy access to Mt. Zion and Decatur Airport. Students have the option to attend St. Teresa High School, a private institution 4 miles away, which is highly rated with a 100% graduation rate.
Home Trends in Southmoreland, IL
On average, homes in Southmoreland, Decatur sell after 117 days on the market compared to the national average of 51 days. The median sale price for homes in Southmoreland, Decatur over the last 12 months is $301,500, up 26% from the median home sale price over the previous 12 months.
Median Sale Price
$301,500
Median Single Family Sale Price
$255,000
Average Price Per Sq Ft
$104
Number of Homes for Sale
1
Last 12 months Home Sales
10
Median List Price
$257,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
26%