Why Live in Torrence Park
Torrence Park is a small Decatur neighborhood with big community initiatives. Through the generosity of Millikin University students, the neighborhood has a thriving community garden, which helps to address widespread food insecurity in the area. The local elementary school is home to a Boys and Girls Club, which supports the well-being of young students, and nearby outreach centers help residents access what they need. The neighborhood's mid-19th-century homes are also within 2 miles of several major manufacturing employers, industrial businesses and downtown Decatur. The neighborhood is mainly residential, and the ratio of renters to owners is more even than that of surrounding communities. Residents live in bungalows, Craftsman-style homes and American Foursquares from the 1950s. Prices range from $30,000 to $120,000, depending on the condition. Several vacant properties have been demolished, leaving open lots beside homes that create the illusion of larger yards. Large-bowed shade trees and low chain link fences add separation and privacy between neighbors. Not all homes have driveways, but street parking and alley access behind homes help bridge the gaps. Students can walk to
Home Trends in Torrence Park, IL
On average, homes in Torrence Park, Decatur sell after 7 days on the market compared to the national average of 51 days. The median sale price for homes in Torrence Park, Decatur over the last 12 months is $36,000, up 73% from the median home sale price over the previous 12 months.
Median Sale Price
$36,000
Median Single Family Sale Price
$36,000
Average Price Per Sq Ft
$44
Last 12 months Home Sales
1
Median List Price
$40,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
73%