Rising home prices in Route 29/ Route 97 in December 2021

Rising home prices in Route 29/ Route 97 in December 2021
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The median sale price of a home sold in December 2021 in Route 29/ Route 97, a Springfield neighborhood, rose by $33,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In December 2021, there were five homes sold, with a median sale price of $68,000 – a 94.3% increase over the $35,000 median sale price for the same period of the previous year. There were five homes sold in Route 29/ Route 97 in December 2020, as well.

The median sales tax in Route 29/ Route 97 for the most recent year with available data, 2019, was $1,250, approximately 1.8% of the median home sale price for December 2021.

The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sale prices in December 2021:

Neighborhood Dec. 2021 Home Sales Dec. 2020 Home Sales % change (Total Home Sales) Dec. 2021 Median Sales Price Dec. 2020 Median Sales Price % change (Median Sales Price)
College Street/ Ash Street 11 8 37.5% $86,853 $101,500 -14.4%
Stanford Avenue/ Fox Bridge Road 6 6 0% $86,500 $52,000 66.3%
Route 54/ Sangamon Ave. 9 9 0% $83,000 $96,000 -13.5%
College Street/ Lawrence Avenue 4 4 0% $73,712 $79,625 -7.4%
Grandview 3 1 200% $68,500 $26,250 161%
Route 29/ Route 97 5 5 0% $68,000 $35,000 94.3%
4th Street/ Cook Street 3 5 -40% $59,500 $32,250 84.5%
Southern View 5 4 25% $55,000 $42,500 29.4%
16th Street/ Ash Street 1 4 -75% $50,000 $28,500 75.4%
Clear Lake Avenue/ 16th Street 2 2 0% $49,500 $21,625 128.9%
Arlington Heights 3 3 0% $40,000 $75,000 -46.7%


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