In January 2017, there were four homes sold, with a median sale price of $40,000 - a 36.8% increase over the $29,250 median sale price for the same period of the previous year. There were four homes sold in Arlington Heights in January 2016, as well.
The median sales tax in Arlington Heights for 2017 was $1,058. In 2016, the median sales tax was $1,024. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.
The following table compares Arlington Heights to other Springfield neighborhood with similar median sales prices in January 2017:
| Neighborhood | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| College Street/ Ash Street | 3 | 5 | -40% | $78,000 | $115,000 | -32.2% |
| 5th Street/ Griffiths Avenue | 7 | 6 | 16.7% | $74,000 | $33,000 | 124.2% |
| Jerome | 5 | 2 | 150% | $62,500 | $74,500 | -16.1% |
| Route 97/ Walnut Street | 3 | 1 | 200% | $56,750 | $22,000 | 158% |
| Route 4/ Route 97 | 7 | 5 | 40% | $48,000 | $35,900 | 33.7% |
| Arlington Heights | 4 | 4 | 0% | $39,999.50 | $29,250 | 36.8% |
| Route 97/ 9th Street | 3 | 1 | 200% | $34,000 | $80,000 | -57.5% |
| 4th Street/ Cook Street | 4 | 2 | 100% | $32,500 | $39,000 | -16.7% |
| Stanford Avenue/ Fox Bridge Road | 2 | 5 | -60% | $23,350 | $75,000 | -68.9% |
| 16th Street/ Ash Street | 4 | 5 | -20% | $23,000 | $22,000 | 4.5% |
| Ash Street/ Wirt Avenue | 1 | 3 | -66.7% | $20,000 | $16,500 | 21.2% |
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