Rising home prices in Route 54/ Sangamon Ave. in August 2021

Rising home prices in Route 54/ Sangamon Ave. in August 2021
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The median sale price of a home sold in August 2021 in Route 54/ Sangamon Ave., a Springfield neighborhood, rose by $13,150 while total sales decreased by 23.1%, according to BlockShopper.com.

In August 2021, there were 10 homes sold, with a median sale price of $89,650 – a 17.2% increase over the $76,500 median sale price for the same period of the previous year. There were 13 homes sold in Route 54/ Sangamon Ave. in August 2020.

The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2019, was $1,826, approximately 2% of the median home sale price for August 2021.

The following table compares Route 54/ Sangamon Ave. to other Springfield neighborhood with similar median sale prices in August 2021:

Neighborhood Aug. 2021 Home Sales Aug. 2020 Home Sales % change (Total Home Sales) Aug. 2021 Median Sales Price Aug. 2020 Median Sales Price % change (Median Sales Price)
Glenwood Avenue/ Fayette Avenue 8 4 100% $106,950 $92,500 15.6%
Stanton Street/ Stevenson Drive 7 8 -12.5% $100,000 $95,250 5%
College Street/ Ash Street 13 6 116.7% $97,500 $68,500 42.3%
Devereux Heights 3 2 50% $90,000 $146,500 -38.6%
Route 97/ Walnut Street 3 2 50% $90,000 $111,000 -18.9%
Route 54/ Sangamon Ave. 10 13 -23.1% $89,650 $76,500 17.2%
5th Street/ Griffiths Avenue 3 0 – $87,500 $0 –
College Street/ Lawrence Avenue 3 5 -40% $79,900 $83,000 -3.7%
Arlington Heights 10 2 400% $77,000 $60,950 26.3%
Jerome 14 2 600% $72,450 $43,337.50 67.2%
4th Street/ Cook Street 2 2 0% $70,437.50 $58,500 20.4%


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