From January through June of 2017, there were 29 homes sold, with a median sale price of $46,000 - a 11.5% decrease over the $52,000 median sale price for the same period of the previous year. There were 19 homes sold in Grandview in the first half of 2016.
The median sales tax in Grandview for 2017 was $986. In 2016, the median sales tax was $929. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Grandview to other Springfield neighborhood with similar median sales prices in the first half of 2017:
| Neighborhood | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 5th Street/ Griffiths Avenue | 46 | 32 | 43.8% | $65,000 | $57,750 | 12.6% |
| Route 97/ Walnut Street | 19 | 16 | 18.8% | $56,500 | $36,750 | 53.7% |
| 4th Street/ Cook Street | 22 | 23 | -4.3% | $53,000 | $46,500 | 14% |
| Southern View | 23 | 15 | 53.3% | $49,015.13 | $75,000 | -34.6% |
| College Street/ Lawrence Avenue | 26 | 30 | -13.3% | $47,160 | $48,500 | -2.8% |
| Grandview | 29 | 19 | 52.6% | $46,000 | $52,000 | -11.5% |
| Edwards Street/ 11th Street | 6 | 5 | 20% | $42,000 | $22,550 | 86.3% |
| Route 97/ 9th Street | 23 | 8 | 187.5% | $40,000 | $61,500 | -35% |
| Stanford Avenue/ Fox Bridge Road | 43 | 35 | 22.9% | $40,000 | $51,000 | -21.6% |
| Arlington Heights | 33 | 15 | 120% | $40,000 | $38,000 | 5.3% |
| Route 29/ Route 97 | 39 | 27 | 44.4% | $39,000 | $43,500 | -10.3% |
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