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Sunday, September 29, 2024

Devereux Heights home prices rise in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Devereux Heights, a Springfield neighborhood, rose by $34,610.51 while total sales decreased by 53.3%, according to BlockShopper.com.

From April through June of 2017, there were seven homes sold, with a median sale price of $105,610.51 - a 48.7% increase over the $71,000 median sale price for the same period of the previous year. There were 15 homes sold in Devereux Heights in the second 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 1.4%.

The following table compares Devereux Heights 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)
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%
Lincoln Avenue/ Fayette Avenue31296.9%$95,400$85,00012.2%
Stanton Street/ Stevenson Drive3343-23.3%$84,000$82,9001.3%
College Street/ Ash Street483923.1%$77,250$102,500-24.6%

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