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Sunday, September 29, 2024

Leland Grove home prices rise in the second quarter of 2017

Realestate077

The median sale price of a home sold in the second quarter of 2017 in Leland Grove, a Springfield neighborhood, rose by $45,050 while total sales increased by 80%, according to BlockShopper.com.

From April through June of 2017, there were 18 homes sold, with a median sale price of $180,500 - a 33.3% increase over the $135,450 median sale price for the same period of the previous year. There were 10 homes sold in Leland Grove in the second quarter of 2016.

The median sales tax in Leland Grove for 2017 was $3,948.04. In 2016, the median sales tax was $3,967.30. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in the second quarter of 2017:

NeighborhoodApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Woodside3042-28.6%$223,500$179,50024.5%
Salisbury/ Farmingdale7983-4.8%$198,000$240,000-17.5%
Leland Grove181080%$180,500$135,45033.3%
Route 4/ Greenbriar Drive4748-2.1%$164,500$204,750-19.7%
Route 4/ Wabash Avenue2931-6.5%$148,500$141,0005.3%
Route 4/ Washington Street59590%$137,500$121,00013.6%
Toronto/ University of Illinois at Springfield312429.2%$132,500$126,2505%
Mayden Road/ Dirkson Parkway166166.7%$105,625$126,500-16.5%
Devereux Heights715-53.3%$105,610.51$71,00048.7%
Route 4/ Route 972935-17.1%$98,000$94,0004.3%
Glenwood Avenue/ Fayette Avenue201625%$96,250$85,66012.4%

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