From April through June of 2017, there were seven homes sold, with a median sale price of $20,000 - a 185.7% increase over the $7,000 median sale price for the same period of the previous year. There were five homes sold in Clear Lake Avenue/ 16th Street in the second quarter of 2016.
The median sales tax in Clear Lake Avenue/ 16th Street for 2017 was $599.02. In 2016, the median sales tax was $586.70. This marks an increase of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.
The following table compares Clear Lake Avenue/ 16th Street 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) |
|---|---|---|---|---|---|---|
| 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% |
| Route 29/ Route 97 | 21 | 16 | 31.3% | $43,500 | $51,250 | -15.1% |
| Route 97/ 9th Street | 10 | 6 | 66.7% | $32,500 | $61,500 | -47.2% |
| Ash Street/ Wirt Avenue | 16 | 7 | 128.6% | $28,000 | $25,000 | 12% |
| 16th Street/ Ash Street | 16 | 11 | 45.5% | $23,750 | $11,000 | 115.9% |
| Cook Street/ Wheeler Avenue | 14 | 14 | 0% | $21,750 | $18,800 | 15.7% |
| Clear Lake Avenue/ 16th Street | 7 | 5 | 40% | $20,000 | $7,000 | 185.7% |
| Cook Street/ 11th Street | 3 | 7 | -57.1% | $9,000 | $6,000 | 50% |
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