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Monday, November 25, 2024

Leland Grove home prices fall in January 2017

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The median sale price of a home sold in January 2017 in Leland Grove, a Springfield neighborhood, fell by $3,625 while total sales increased by 100%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $140,875 - a 2.5% decrease over the $144,500 median sale price for the same period of the previous year. There were two homes sold in Leland Grove in January 2016.

The median sales tax in Leland Grove for 2017 was $3,948. In 2016, the median sales tax was $3,967. 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 2.8%.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in January 2017:

NeighborhoodJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale12771.4%$204,252$218,000-6.3%
Woodside8633.3%$195,500$264,500-26.1%
Route 4/ Greenbriar Drive550%$169,900$159,0006.9%
Route 4/ Wabash Avenue136116.7%$161,000$132,75021.3%
Toronto/ University of Illinois at Springfield73133.3%$158,000$111,00042.3%
Leland Grove42100%$140,875$144,500-2.5%
Devereux Heights220%$135,000$111,50021.1%
Stanton Street/ Stevenson Drive10825%$107,884.63$92,02517.2%
Lincoln Avenue/ Fayette Avenue220%$93,500$90,9762.8%
Route 4/ Washington Street9728.6%$91,250$67,50035.2%
Route 54/ Sangamon Ave.815-46.7%$85,772$55,00055.9%

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