Why Live in Innovation District
Normal’s Innovation District, centered around Illinois State University, features a mix of condos, small single-family homes and businesses. The neighborhood is characterized by university landmarks like Hancock Stadium and Hewett Hall.
Along South Main Street, residents find a variety of dining options, including local favorites like The Rock, along with national chains. For coffee, Fusion Brew is a staple. The area offers several things to do, including visits to the Children’s Discovery Museum and the Illinois Art Station. People’s Park provides a space for picnics and outdoor activities, while Anderson Park offers a pool, playground and basketball courts. The Constitution Trail, spanning 37 miles, is nearby for biking, running and walking. Residents enjoy seasonal events like the Normal LIVE concert series, Cruisin’ Uptown Normal car show and the Sweet Corn Circus festival.
The neighborhood benefits from the Bloomington-Normal Connect Transit bus system, with stops around the university and along South Main Street. Interstate 55 is 2 miles away, leading to Chicago, around 130 miles northeast.
Frequently Asked Questions
Is Innovation District a good place to live?
Innovation District is a good place to live. Innovation District is considered fairly walkable and very bikeable with good transit options. Innovation District is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Innovation District has 6 parks for recreational activities. It is very dense in population with 20.8 people per acre and a median age of 24. The average household income is $47,875 which is below the national average. College graduates make up 44.8% of residents. A majority of residents in Innovation District are renters, with 79.6% of residents renting and 20.4% of residents owning their home. A
local real estate agent serving Innovation District can help you decide if this neighborhood is the right one for you. Learn more on our
Innovation District neighborhood guide.
Is Innovation District, IL a safe neighborhood?
Innovation District, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Innovation District?
The median home price in Innovation District is $185,000. If you put a 20% down payment of $37,000 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Innovation District. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Innovation District is $48K.
What are the best public schools in Innovation District?
The best public schools that serve Innovation District are:
What are the best private schools in Innovation District?
The best private schools that serve Innovation District are:
What are the most popular zip codes in Innovation District, Normal, IL?
What are the most popular neighborhoods near Innovation District, Normal, IL?
Are home prices dropping in Innovation District?
Yes, home prices in Innovation District are down 3% in the last 12 months.
Home Trends in Innovation District, IL
On average, homes in Innovation District, Normal sell after 16 days on the market compared to the national average of 53 days. The median sale price for homes in Innovation District, Normal over the last 12 months is $196,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$196,000
Median Single Family Sale Price
$192,000
Median 2 Bedroom Sale Price
$142,500
Average Price Per Sq Ft
$120
Number of Homes for Sale
1
Last 12 months Home Sales
16
Median List Price
$185,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%