The median sale price of a home sold in the third quarter of 2020 in Route 29/ Route 97, a Springfield neighborhood, fell by $11,500 while total sales decreased by 25%, according to BlockShopper.com.
From July through September of 2020, there were nine homes sold, with a median sale price of $31,000 – a 27.1% decrease over the $42,500 median sale price for the same period of the previous year. There were 12 homes sold in Route 29/ Route 97 in the third quarter of 2019.
The median sales tax in Route 29/ Route 97 for the most recent year with available data, 2018, was $1,155, approximately 3.7% of the median home sale price for the third quarter of 2020.
The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sales prices in the third quarter of 2020:
| Neighborhood | July – Sept. 2020 Home Sales | July – Sept. 2019 Home Sales | % change (Total Home Sales) | July – Sept. 2020 Median Sales Price | July – Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Jerome | 7 | 23 | -69.6% | $69,000 | $85,000 | -18.8% |
| Stanford Avenue/ Fox Bridge Road | 14 | 14 | 0% | $51,500 | $43,750 | 17.7% |
| Southern View | 8 | 12 | -33.3% | $51,000 | $48,500 | 5.2% |
| College Street/ Lawrence Avenue | 13 | 13 | 0% | $40,000 | $56,000 | -28.6% |
| Route 97/ 9th Street | 3 | 2 | 50% | $32,000 | $60,000 | -46.7% |
| Route 29/ Route 97 | 9 | 12 | -25% | $31,000 | $42,500 | -27.1% |
| Grandview | 7 | 10 | -30% | $29,000 | $57,500 | -49.6% |
| Arlington Heights | 7 | 13 | -46.2% | $26,000 | $56,500 | -54% |
| Cook Street/ 11th Street | 2 | 3 | -33.3% | $25,000 | $4,500 | 455.6% |
| 16th Street/ Ash Street | 9 | 4 | 125% | $24,000 | $25,000 | -4% |
| Clear Lake Avenue/ 16th Street | 1 | 3 | -66.7% | $18,000 | $30,000 | -40% |
