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Friday, April 26, 2024

Leland Grove home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Leland Grove, a Springfield neighborhood, rose by $61,000 while total sales decreased by 24%, according to BlockShopper.com.

From July through September of 2017, there were 19 homes sold, with a median sale price of $203,000 - a 43% increase over the $142,000 median sale price for the same period of the previous year. There were 25 homes sold in Leland Grove in the third quarter of 2016.

The median sales tax in Leland Grove for 2017 was $3,948.04. In 2016, the median sales tax was $3,967.30. This marks an decrease of 0.5%. 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 Leland Grove to other Springfield neighborhood with similar median sales prices in the third quarter of 2017:

NeighborhoodJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale66634.8%$247,250$206,00020%
Leland Grove1925-24%$203,000$142,00043%
Woodside3139-20.5%$190,000$197,500-3.8%
Route 4/ Greenbriar Drive4550-10%$178,500$187,500-4.8%
Route 4/ Wabash Avenue2935-17.1%$145,255$146,500-0.8%
Route 4/ Washington Street4064-37.5%$137,250$132,2503.8%
Mayden Road/ Dirkson Parkway2310130%$131,500$121,5008.2%
Toronto/ University of Illinois at Springfield3344-25%$129,000$136,985-5.8%
Glenwood Avenue/ Fayette Avenue221915.8%$109,336$89,00022.8%
Lincoln Avenue/ Fayette Avenue181250%$100,950$111,500-9.5%
Devereux Heights8633.3%$99,000$89,00011.2%

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