The median sale price of a home sold in the second half of 2021 in College Street/ Lawrence Avenue, a Springfield neighborhood, rose by $29,000 while total sales decreased by 4.5%, according to BlockShopper.com.
From July through December of 2021, there were 21 homes sold, with a median sale price of $81,000 – a 55.8% increase over the $52,000 median sale price for the same period of the previous year. There were 22 homes sold in College Street/ Lawrence Avenue in the second half of 2020.
The median sales tax in College Street/ Lawrence Avenue for the most recent year with available data, 2019, was $1,646, approximately 2% of the median home sale price for the second half of 2021.
The following table compares College Street/ Lawrence Avenue to other Springfield neighborhood with similar median sale prices in the second half of 2021:
| Neighborhood | July – Dec. 2021 Home Sales | July – Dec. 2020 Home Sales | % change (Total Home Sales) | July – Dec. 2021 Median Sales Price | July – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 4/ Route 97 | 38 | 34 | 11.8% | $95,000 | $113,450 | -16.3% |
| College Street/ Ash Street | 69 | 30 | 130% | $91,900 | $98,700 | -6.9% |
| Route 54/ Sangamon Ave. | 71 | 50 | 42% | $89,000 | $83,950 | 6% |
| Jerome | 52 | 24 | 116.7% | $85,500 | $77,450 | 10.4% |
| Route 97/ Walnut Street | 12 | 6 | 100% | $82,950 | $63,500 | 30.6% |
| College Street/ Lawrence Avenue | 21 | 22 | -4.5% | $81,000 | $52,000 | 55.8% |
| 5th Street/ Griffiths Avenue | 34 | 29 | 17.2% | $80,000 | $70,000 | 14.3% |
| Grandview | 20 | 12 | 66.7% | $71,750 | $36,000 | 99.3% |
| Stanford Avenue/ Fox Bridge Road | 27 | 29 | -6.9% | $69,000 | $51,000 | 35.3% |
| Edwards Street/ 11th Street | 3 | 3 | 0% | $61,000 | $16,000 | 281.3% |
| 4th Street/ Cook Street | 24 | 20 | 20% | $59,000 | $56,600 | 4.2% |
