From April through June of 2017, there were 44 homes sold, with a median sale price of $75,975 - a 2.9% decrease over the $78,250 median sale price for the same period of the previous year. There were 56 homes sold in Route 54/ Sangamon Ave. in the second quarter of 2016.
The median sales tax in Route 54/ Sangamon Ave. for 2017 was $1,664.32. In 2016, the median sales tax was $1,666.30. This marks an decrease of 0.1%. 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 Route 54/ Sangamon Ave. to other Springfield neighborhood with similar median sales prices in the second quarter of 2017:
| Neighborhood | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 4/ Route 97 | 29 | 35 | -17.1% | $98,000 | $94,000 | 4.3% |
| Glenwood Avenue/ Fayette Avenue | 20 | 16 | 25% | $96,250 | $85,660 | 12.4% |
| Lincoln Avenue/ Fayette Avenue | 31 | 29 | 6.9% | $95,400 | $85,000 | 12.2% |
| Stanton Street/ Stevenson Drive | 33 | 43 | -23.3% | $84,000 | $82,900 | 1.3% |
| College Street/ Ash Street | 48 | 39 | 23.1% | $77,250 | $102,500 | -24.6% |
| Route 54/ Sangamon Ave. | 44 | 56 | -21.4% | $75,975 | $78,250 | -2.9% |
| Jerome | 35 | 32 | 9.4% | $69,900 | $79,150 | -11.7% |
| 5th Street/ Griffiths Avenue | 24 | 13 | 84.6% | $63,750 | $62,000 | 2.8% |
| College Street/ Lawrence Avenue | 18 | 15 | 20% | $61,855.28 | $50,000 | 23.7% |
| 4th Street/ Cook Street | 14 | 15 | -6.7% | $58,750 | $46,000 | 27.7% |
| Grandview | 20 | 9 | 122.2% | $58,000 | $52,000 | 11.5% |
Alerts Sign-up