In February 2017, there were six homes sold, with a median sale price of $88,950 - a 10.6% decrease over the $99,550 median sale price for the same period of the previous year. There were two homes sold in Glenwood Avenue/ Fayette Avenue in February 2016.
The median sales tax in Glenwood Avenue/ Fayette Avenue for 2017 was $2,098. In 2016, the median sales tax was $2,099. This marks an decrease of 0%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Glenwood Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in February 2017:
| Neighborhood | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 4/ Greenbriar Drive | 9 | 7 | 28.6% | $143,500 | $145,000 | -1% |
| Leland Grove | 1 | 1 | 0% | $143,000 | $25,000 | 472% |
| Route 4/ Wabash Avenue | 5 | 5 | 0% | $130,000 | $141,000 | -7.8% |
| Mayden Road/ Dirkson Parkway | 3 | 4 | -25% | $122,000 | $116,500 | 4.7% |
| Route 4/ Route 97 | 6 | 6 | 0% | $121,250 | $65,375 | 85.5% |
| Glenwood Avenue/ Fayette Avenue | 6 | 2 | 200% | $88,950 | $99,550 | -10.6% |
| Stanton Street/ Stevenson Drive | 4 | 3 | 33.3% | $70,675 | $90,000 | -21.5% |
| Lincoln Avenue/ Fayette Avenue | 6 | 0 | - | $69,400 | $0 | - |
| College Street/ Ash Street | 9 | 6 | 50% | $56,529 | $74,300 | -23.9% |
| Stanford Avenue/ Fox Bridge Road | 8 | 6 | 33.3% | $56,284.50 | $54,250 | 3.8% |
| Jerome | 9 | 10 | -10% | $55,900 | $91,500 | -38.9% |
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