In February 2017, there were four homes sold, with a median sale price of $17,150 - a 64.3% decrease over the $48,000 median sale price for the same period of the previous year. There were five homes sold in College Street/ Lawrence Avenue in February 2016.
The median sales tax in College Street/ Lawrence Avenue for 2017 was $1,532. In 2016, the median sales tax was $1,508. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 8.9%.
The following table compares College Street/ Lawrence 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) |
|---|---|---|---|---|---|---|
| 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% |
| Ash Street/ Wirt Avenue | 3 | 4 | -25% | $29,000 | $19,000 | 52.6% |
| Clear Lake Avenue/ 16th Street | 2 | 1 | 100% | $28,352.69 | $130,000 | -78.2% |
| 4th Street/ Cook Street | 3 | 3 | 0% | $20,000 | $74,000 | -73% |
| College Street/ Lawrence Avenue | 4 | 5 | -20% | $17,149.50 | $48,000 | -64.3% |
| 5th Street/ Griffiths Avenue | 6 | 4 | 50% | $16,375 | $50,050 | -67.3% |
| Arlington Heights | 2 | 2 | 0% | $16,000 | $25,183.50 | -36.5% |
| Cook Street/ 11th Street | 1 | 0 | - | $9,500 | $0 | - |
| 16th Street/ Ash Street | 1 | 1 | 0% | $2,500 | $18,004 | -86.1% |
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