From July through September of 2017, there were 66 homes sold, with a median sale price of $247,250 - a 20% increase over the $206,000 median sale price for the same period of the previous year. There were 63 homes sold in Salisbury/ Farmingdale in the third quarter of 2016.
The median sales tax in Salisbury/ Farmingdale for 2017 was $4,581.92. In 2016, the median sales tax was $4,913.10. This marks an decrease of 6.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.
The following table compares Salisbury/ Farmingdale to other Springfield neighborhood with similar median sales prices in the third quarter of 2017:
| Neighborhood | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salisbury/ Farmingdale | 66 | 63 | 4.8% | $247,250 | $206,000 | 20% |
| Leland Grove | 19 | 25 | -24% | $203,000 | $142,000 | 43% |
| Woodside | 31 | 39 | -20.5% | $190,000 | $197,500 | -3.8% |
| Route 4/ Greenbriar Drive | 45 | 50 | -10% | $178,500 | $187,500 | -4.8% |
| Route 4/ Wabash Avenue | 29 | 35 | -17.1% | $145,255 | $146,500 | -0.8% |
| Route 4/ Washington Street | 40 | 64 | -37.5% | $137,250 | $132,250 | 3.8% |
| Mayden Road/ Dirkson Parkway | 23 | 10 | 130% | $131,500 | $121,500 | 8.2% |
| Toronto/ University of Illinois at Springfield | 33 | 44 | -25% | $129,000 | $136,985 | -5.8% |
| Glenwood Avenue/ Fayette Avenue | 22 | 19 | 15.8% | $109,336 | $89,000 | 22.8% |
| Lincoln Avenue/ Fayette Avenue | 18 | 12 | 50% | $100,950 | $111,500 | -9.5% |
| Devereux Heights | 8 | 6 | 33.3% | $99,000 | $89,000 | 11.2% |
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