From April through June of 2017, there were 20 homes sold, with a median sale price of $58,000 - a 11.5% increase over the $52,000 median sale price for the same period of the previous year. There were nine homes sold in Grandview in the second quarter of 2016.
The median sales tax in Grandview for 2017 was $985.54. In 2016, the median sales tax was $929.10. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Grandview 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 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% |
| Route 97/ Walnut Street | 11 | 8 | 37.5% | $57,200 | $58,000 | -1.4% |
| Edwards Street/ 11th Street | 2 | 1 | 100% | $50,100 | $7,000 | 615.7% |
| Southern View | 14 | 8 | 75% | $49,507.57 | $81,450 | -39.2% |
| Arlington Heights | 18 | 7 | 157.1% | $47,500 | $55,000 | -13.6% |
| Stanford Avenue/ Fox Bridge Road | 28 | 18 | 55.6% | $45,000 | $48,250 | -6.7% |
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