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Thursday, April 25, 2024

Leland Grove home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Leland Grove, a Springfield neighborhood, rose by $17,000 while total sales remained unchanged with 12 homes sold, according to BlockShopper.com.

From January through March of 2018, there were 12 homes sold, with a median sale price of $157,250 - a 12.1% increase over the $140,250 median sale price for the same period of the previous year. There were 12 homes sold in Leland Grove in the first quarter of 2017, as well.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 2.5% of the median home sale price for the first quarter of 2018.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in the first quarter of 2018:

NeighborhoodJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Woodside241833.3%$186,750$195,500-4.5%
Salisbury/ Farmingdale4652-11.5%$180,450$200,000-9.8%
Route 4/ Greenbriar Drive2324-4.2%$175,000$161,4508.4%
Leland Grove12120%$157,250$140,25012.1%
Toronto/ University of Illinois at Springfield1719-10.5%$146,000$158,000-7.6%
Route 4/ Wabash Avenue2226-15.4%$143,031$150,751.50-5.1%
Mayden Road/ Dirkson Parkway141040%$136,250$123,75010.1%
Edwards Street/ 11th Street14-75%$124,900$42,000197.4%
Route 4/ Washington Street2932-9.4%$119,900$138,600-13.5%
Stanton Street/ Stevenson Drive22214.8%$98,500$92,5006.5%
Glenwood Avenue/ Fayette Avenue1920-5%$85,000$80,4505.7%

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