Why Live in Downtown Springfield
Downtown Springfield features brownstone high-rises and modern mixed-use developments, with most residents renting apartments. The area is rich in historical attractions, including the Abraham Lincoln Presidential Library and Museum, the Lincoln Home National Historic Site, and the Old Illinois State Capitol, which is undergoing a major restoration. Union Square Park provides a small green space in the museum district, and the Downtown YMCA offers an indoor pool and fitness center. Dining options are diverse, with over 20 restaurants and local specialties like the Horseshoe sandwich. Buzz Bomb Brewing hosts live music, while Celtic Mist and Clique offer unique nightlife experiences. The Old Capitol Farmers Market, Springfield Old Capitol Art Fair, and Legacy of Giving Music Festival are key events that highlight the neighborhood’s vibrant arts scene. Downtown Springfield is safer than the national average and has a well-connected transportation network, including bus lines, bike lanes, and an Amtrak station. The ongoing Springfield Rail Improvement Project aims to enhance transit options further. Springfield High, a highly rated school, serves the area, and the proximity to the Southern Illinois University School of Medicine attracts medical students.
Home Trends in Downtown Springfield, IL
On average, homes in Downtown Springfield, Springfield sell after 14 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Springfield, Springfield over the last 12 months is $105,000, up 119% from the median home sale price over the previous 12 months.
Median Sale Price
$105,000
Median Single Family Sale Price
$105,000
Median 1 Bedroom Sale Price
$105,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
0
Last 12 months Home Sales
1
Median List Price
$105,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
119%