In March 2017, there were four homes sold, with a median sale price of $90,250 - a 34.4% decrease over the $137,500 median sale price for the same period of the previous year. There were four homes sold in Lincoln Avenue/ Fayette Avenue in March 2016, as well.
The median sales tax in Lincoln Avenue/ Fayette Avenue for 2017 was $2,217. In 2016, the median sales tax was $2,190. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in March 2017:
| Neighborhood | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodside | 7 | 6 | 16.7% | $154,000 | $169,750 | -9.3% |
| Route 4/ Wabash Avenue | 8 | 6 | 33.3% | $140,250 | $135,750 | 3.3% |
| Leland Grove | 7 | 1 | 600% | $137,500 | $285,000 | -51.8% |
| Toronto/ University of Illinois at Springfield | 4 | 9 | -55.6% | $134,250 | $134,500 | -0.2% |
| Mayden Road/ Dirkson Parkway | 7 | 1 | 600% | $125,500 | $52,500 | 139% |
| Lincoln Avenue/ Fayette Avenue | 4 | 4 | 0% | $90,250 | $137,500 | -34.4% |
| 4th Street/ Cook Street | 1 | 3 | -66.7% | $90,000 | $49,000 | 83.7% |
| Stanton Street/ Stevenson Drive | 7 | 4 | 75% | $84,500 | $59,500 | 42% |
| College Street/ Ash Street | 6 | 8 | -25% | $81,500 | $92,690 | -12.1% |
| Glenwood Avenue/ Fayette Avenue | 8 | 6 | 33.3% | $71,000 | $100,250 | -29.2% |
| 5th Street/ Griffiths Avenue | 9 | 9 | 0% | $70,000 | $68,000 | 2.9% |
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