Quantcast

Sangamon Sun

Sunday, November 24, 2024

Cook Street/ Wheeler Avenue home prices fall in the first quarter of 2017

Re 5

The median sale price of a home sold in the first quarter of 2017 in Cook Street/ Wheeler Avenue, a Springfield neighborhood, fell by $13,200 while total sales decreased by 66.7%, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $13,300 - a 49.8% decrease over the $26,500 median sale price for the same period of the previous year. There were six homes sold in Cook Street/ Wheeler Avenue in the first quarter of 2016.

The median sales tax in Cook Street/ Wheeler Avenue for 2017 was $557.02. In 2016, the median sales tax was $546.10. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.2%.

The following table compares Cook Street/ Wheeler Avenue 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)
Arlington Heights15887.5%$37,000$26,526.5039.5%
Route 29/ Route 97181163.6%$35,750$35,5000.7%
Grandview910-10%$35,500$38,500-7.8%
Stanford Avenue/ Fox Bridge Road1517-11.8%$35,000$57,500-39.1%
4th Street/ Cook Street880%$32,500$49,150-33.9%
16th Street/ Ash Street910-10%$25,000$18,00238.9%
Ash Street/ Wirt Avenue912-25%$22,510$19,00018.5%
Clear Lake Avenue/ 16th Street3250%$21,705.37$83,450-74%
College Street/ Lawrence Avenue815-46.7%$18,000$48,000-62.5%
Cook Street/ Wheeler Avenue26-66.7%$13,300$26,500-49.8%
Cook Street/ 11th Street220%$7,250$24,000-69.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS