From January through June of 2017, there were 39 homes sold, with a median sale price of $39,000 - a 10.3% decrease over the $43,500 median sale price for the same period of the previous year. There were 27 homes sold in Route 29/ Route 97 in the first half of 2016.
The median sales tax in Route 29/ Route 97 for 2017 was $1,112. In 2016, the median sales tax was $1,105. This marks an increase of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.
The following table compares Route 29/ Route 97 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) |
---|---|---|---|---|---|---|
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% |
Ash Street/ Wirt Avenue | 25 | 19 | 31.6% | $28,000 | $20,000 | 40% |
16th Street/ Ash Street | 25 | 21 | 19% | $25,000 | $18,000 | 38.9% |
Clear Lake Avenue/ 16th Street | 10 | 7 | 42.9% | $20,852.69 | $20,000 | 4.3% |
Cook Street/ Wheeler Avenue | 16 | 20 | -20% | $20,500 | $21,250 | -3.5% |
Cook Street/ 11th Street | 5 | 9 | -44.4% | $9,000 | $10,000 | -10% |