Why Live in Washington Park Knolls
Washington Park Knolls in Springfield is an affluent neighborhood known for its architectural diversity and central location. The area features a variety of home styles, including Tudors, Contemporary Colonials, bungalows, and American Foursquare, with prices ranging from the low $80,000s to over $1 million. The neighborhood is laid out in a grid with mature oak trees lining the streets, providing ample shade. Washington Park, a 150-acre public space, is a major attraction, offering playgrounds, tennis courts, historical monuments, and the Washington Park Botanical Garden. The Thomas Rees Memorial Carillon hosts live musical performances and the annual International Carillon Festival. Educational options include the highly rated Springfield High School and Our Savior's Lutheran School. Dining options like Traveler's Kitchen offer a mix of West African and Afro-Mexican cuisine, while South MacArthur Boulevard provides ample shopping and dining choices. The neighborhood is conveniently located near Illinois Route 97, offering easy access to Downtown Springfield and Springfield Memorial Hospital, 3 miles away. Public transportation is available through the Sangamon Mass Transit District, with several stops on MacArthur Boulevard.
Frequently Asked Questions
Is Washington Park Knolls a good place to live?
Washington Park Knolls is a good place to live. Washington Park Knolls is considered somewhat walkable and bikeable with some transit options. Washington Park Knolls is a suburban neighborhood. Washington Park Knolls has 3 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 47. The average household income is $103,061 which is above the national average. College graduates make up 59.9% of residents. A majority of residents in Washington Park Knolls are home owners, with 25.5% of residents renting and 74.5% of residents owning their home. A
local real estate agent serving Washington Park Knolls can help you decide if this neighborhood is the right one for you. Learn more on our
Washington Park Knolls neighborhood guide.
How much do you need to make to afford a house in Washington Park Knolls?
The median home price in Washington Park Knolls is $215,000. If you put a 20% down payment of $43,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K a year to afford the median home price in Washington Park Knolls. The average household income in Washington Park Knolls is $103K.
What are the best public schools in Washington Park Knolls?
The best public schools that serve Washington Park Knolls are:
What are the best private schools in Washington Park Knolls?
The best private schools that serve Washington Park Knolls are:
What are the most popular zip codes in Washington Park Knolls, Springfield, IL?
What are the most popular neighborhoods near Washington Park Knolls, Springfield, IL?
Home Trends in Washington Park Knolls, IL
On average, homes in Washington Park Knolls, Springfield sell after 51 days on the market compared to the national average of 52 days. The median sale price for homes in Washington Park Knolls, Springfield over the last 12 months is $215,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$215,000
Median Single Family Sale Price
$210,000
Average Price Per Sq Ft
$132
Number of Homes for Sale
1
Last 12 months Home Sales
28
Median List Price
$215,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-7%
