Pricing for the median home in Glenwood Avenue/ Fayette Avenue increased during April 2021

Pricing for the median home in Glenwood Avenue/ Fayette Avenue increased during April 2021
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The median sale price of a home sold in April 2021 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $50,450 while total sales increased by 200%, according to BlockShopper.com.

In April 2021, there were six homes sold, with a median sale price of $78,700 – a 178.6% increase over the $28,251 median sale price for the same period of the previous year. There were two homes sold in Glenwood Avenue/ Fayette Avenue in April 2020.

The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2019, was $2,354, approximately 3% of the median home sale price for April 2021.

The following table compares Glenwood Avenue/ Fayette Avenue 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)
Stanton Street/ Stevenson Drive 14 4 250% $106,450 $89,000 19.6%
Mayden Road/ Dirkson Parkway 5 4 25% $105,000 $135,500 -22.5%
Jerome 10 8 25% $98,250 $89,750 9.5%
Devereux Heights 2 1 100% $95,000 $28,180 237.1%
Cook Street/ Wheeler Avenue 2 0 – $88,275 $0 –
Glenwood Avenue/ Fayette Avenue 6 2 200% $78,700 $28,250.50 178.6%
College Street/ Ash Street 15 7 114.3% $77,000 $91,250 -15.6%
Route 4/ Route 97 6 5 20% $63,500 $42,500 49.4%
Route 54/ Sangamon Ave. 16 13 23.1% $61,500.50 $89,900 -31.6%
Route 97/ Walnut Street 1 2 -50% $61,000 $58,500 4.3%
Route 97/ 9th Street 4 0 – $59,250 $0 –


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