Median home prices in 5th Street/ Griffiths Avenue fell to $42,250 in September 2021

Median home prices in 5th Street/ Griffiths Avenue fell to ,250 in September 2021
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The median sale price of a home sold in September 2021 in 5th Street/ Griffiths Avenue, a Springfield neighborhood, fell by $26,250 while total sales increased by 50%, according to BlockShopper.com.

In September 2021, there were six homes sold, with a median sale price of $42,250 – a 38.3% decrease over the $68,500 median sale price for the same period of the previous year. There were four homes sold in 5th Street/ Griffiths Avenue in September 2020.

The median sales tax in 5th Street/ Griffiths Avenue for the most recent year with available data, 2019, was $1,565, approximately 3.7% of the median home sale price for September 2021.

The following table compares 5th Street/ Griffiths Avenue to other Springfield neighborhood with similar median sale prices in September 2021:

Neighborhood Sept. 2021 Home Sales Sept. 2020 Home Sales % change (Total Home Sales) Sept. 2021 Median Sales Price Sept. 2020 Median Sales Price % change (Median Sales Price)
Glenwood Avenue/ Fayette Avenue 4 5 -20% $69,250 $128,500 -46.1%
Southern View 7 5 40% $68,732 $42,000 63.6%
Route 97/ Walnut Street 2 1 100% $62,950 $82,000 -23.2%
Edwards Street/ 11th Street 2 0 – $58,000 $0 –
Route 97/ 9th Street 1 2 -50% $49,900 $29,900 66.9%
5th Street/ Griffiths Avenue 6 4 50% $42,250 $68,500 -38.3%
Stanford Avenue/ Fox Bridge Road 4 5 -20% $37,500 $75,000 -50%
College Street/ Lawrence Avenue 2 5 -60% $36,500 $36,398 0.3%
Route 29/ Route 97 3 4 -25% $33,875 $35,425 -4.4%
Cook Street/ Wheeler Avenue 2 0 – $24,500 $0 –
Cook Street/ 11th Street 1 1 0% $17,500 $30,000 -41.7%


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