From January through March of 2017, there were five homes sold, with a median sale price of $60,000 - a 56.8% decrease over the $139,000 median sale price for the same period of the previous year. There were six homes sold in Devereux Heights in the first quarter of 2016.
The median sales tax in Devereux Heights for 2017 was $1,518.26. In 2016, the median sales tax was $1,580. This marks an decrease of 3.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Devereux Heights to other Springfield neighborhood with similar median sales prices in the first quarter of 2017:
Neighborhood | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
College Street/ Ash Street | 18 | 19 | -5.3% | $75,750 | $87,880 | -13.8% |
5th Street/ Griffiths Avenue | 22 | 19 | 15.8% | $67,500 | $53,500 | 26.2% |
Jerome | 26 | 19 | 36.8% | $64,396.13 | $86,500 | -25.6% |
Route 4/ Route 97 | 22 | 17 | 29.4% | $63,500 | $70,750 | -10.2% |
Route 54/ Sangamon Ave. | 28 | 43 | -34.9% | $61,000 | $61,500 | -0.8% |
Devereux Heights | 5 | 6 | -16.7% | $60,000 | $139,000 | -56.8% |
Route 97/ Walnut Street | 8 | 8 | 0% | $47,064.50 | $33,500 | 40.5% |
Route 97/ 9th Street | 13 | 2 | 550% | $45,000 | $51,000 | -11.8% |
Edwards Street/ 11th Street | 4 | 4 | 0% | $42,000 | $24,767.50 | 69.6% |
Southern View | 9 | 7 | 28.6% | $40,000 | $54,500 | -26.6% |
Arlington Heights | 15 | 8 | 87.5% | $37,000 | $26,526.50 | 39.5% |