April 2021: Arlington Heights experienced a 43.9% drop in median home prices

April 2021: Arlington Heights experienced a 43.9% drop in median home prices
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The median sale price of a home sold in April 2021 in Arlington Heights, a Springfield neighborhood, fell by $16,050 while total sales increased by 166.7%, according to BlockShopper.com.

In April 2021, there were eight homes sold, with a median sale price of $20,500 – a 43.9% decrease over the $36,550 median sale price for the same period of the previous year. There were three homes sold in Arlington Heights in April 2020.

The median sales tax in Arlington Heights for the most recent year with available data, 2019, was $1,143, approximately 5.6% of the median home sale price for April 2021.

The following table compares Arlington Heights to other Springfield neighborhood with similar median sale prices in April 2021:

Neighborhood Apr. 2021 Home Sales Apr. 2020 Home Sales % change (Total Home Sales) Apr. 2021 Median Sales Price Apr. 2020 Median Sales Price % change (Median Sales Price)
4th Street/ Cook Street 5 0 – $48,001 $0 –
Southern View 2 2 0% $28,250 $35,302.50 -20%
Stanford Avenue/ Fox Bridge Road 7 7 0% $27,000 $21,500 25.6%
Edwards Street/ 11th Street 2 1 100% $25,375 $28,885 -12.2%
16th Street/ Ash Street 7 1 600% $24,000 $5,700 321.1%
5th Street/ Griffiths Avenue 7 5 40% $21,500 $67,550 -68.2%
Arlington Heights 8 3 166.7% $20,500 $36,550 -43.9%
College Street/ Lawrence Avenue 1 3 -66.7% $18,000 $79,900 -77.5%
Clear Lake Avenue/ 16th Street 1 0 – $11,000 $0 –
Cook Street/ 11th Street 2 1 100% $6,825 $13,000 -47.5%
Ash Street/ Wirt Avenue 3 4 -25% $5,500 $10,050 -45.3%


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