In February 2017, there were three homes sold, with a median sale price of $47,750 - a 43.6% increase over the $33,250 median sale price for the same period of the previous year. There were four homes sold in Route 29/ Route 97 in February 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 2.3%.
The following table compares Route 29/ Route 97 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) |
|---|---|---|---|---|---|---|
| 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% |
| Route 97/ 9th Street | 4 | 1 | 300% | $50,000 | $22,000 | 127.3% |
| Route 29/ Route 97 | 3 | 4 | -25% | $47,750 | $33,250 | 43.6% |
| Route 97/ Walnut Street | 1 | 3 | -66.7% | $42,129 | $35,000 | 20.4% |
| Route 54/ Sangamon Ave. | 9 | 12 | -25% | $41,700 | $57,500 | -27.5% |
| Edwards Street/ 11th Street | 2 | 1 | 100% | $39,380 | $45,100 | -12.7% |
| Southern View | 1 | 3 | -66.7% | $39,000 | $89,900 | -56.6% |
| Grandview | 4 | 3 | 33.3% | $31,400 | $54,500 | -42.4% |
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