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Friday, April 19, 2024

16th Street/ Ash Street 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 16th Street/ Ash Street, a Springfield neighborhood, rose by $4,000 while total sales increased by 44.4%, according to BlockShopper.com.

From January through March of 2018, there were 13 homes sold, with a median sale price of $29,000 - a 16% increase over the $25,000 median sale price for the same period of the previous year. There were nine homes sold in 16th Street/ Ash Street in the first quarter of 2017.

The median sales tax in 16th Street/ Ash Street for the most recent year with available data, 2017, was $564.90, approximately 1.9% of the median home sale price for the first quarter of 2018.

The following table compares 16th Street/ Ash Street 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)
Jerome1626-38.5%$59,500$64,396.13-7.6%
College Street/ Lawrence Avenue48-50%$58,475$18,000224.9%
Arlington Heights15150%$48,500$37,00031.1%
Ash Street/ Wirt Avenue12933.3%$42,784.86$22,51090.1%
Southern View49-55.6%$41,500$40,0003.8%
Grandview16977.8%$35,750$35,5000.7%
Route 29/ Route 971518-16.7%$33,500$35,750-6.3%
16th Street/ Ash Street13944.4%$29,000$25,00016%
Cook Street/ Wheeler Avenue132550%$21,000$13,30057.9%
Cook Street/ 11th Street3250%$16,000$7,250120.7%
Clear Lake Avenue/ 16th Street5366.7%$16,000$21,705.37-26.3%

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