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Stanton Street/ Stevenson Drive home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Stanton Street/ Stevenson Drive, a Springfield neighborhood, rose by $3,450 while total sales increased by 40%, according to BlockShopper.com.

From January through March of 2017, there were 21 homes sold, with a median sale price of $92,500 - a 3.9% increase over the $89,050 median sale price for the same period of the previous year. There were 15 homes sold in Stanton Street/ Stevenson Drive in the first quarter of 2016.

The median sales tax in Stanton Street/ Stevenson Drive for 2017 was $1,965.76. In 2016, the median sales tax was $1,888.70. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Stanton Street/ Stevenson Drive to other Springfield neighborhood with similar median sales prices in the first quarter of 2017:

NeighborhoodJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Toronto/ University of Illinois at Springfield19185.6%$158,000$118,00033.9%
Route 4/ Wabash Avenue261752.9%$150,751.50$136,50010.4%
Leland Grove124200%$140,250$144,500-2.9%
Route 4/ Washington Street322814.3%$138,600$108,25028%
Mayden Road/ Dirkson Parkway105100%$123,750$93,00033.1%
Stanton Street/ Stevenson Drive211540%$92,500$89,0503.9%
Lincoln Avenue/ Fayette Avenue126100%$82,000$117,226-30%
Glenwood Avenue/ Fayette Avenue2010100%$80,450$110,250-27%
College Street/ Ash Street1819-5.3%$75,750$87,880-13.8%
5th Street/ Griffiths Avenue221915.8%$67,500$53,50026.2%
Jerome261936.8%$64,396.13$86,500-25.6%

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