In March 2017, there were five homes sold, with a median sale price of $38,000 - a 5.6% increase over the $36,000 median sale price for the same period of the previous year. There were five homes sold in Grandview in March 2016, as well.
The median sales tax in Grandview for 2017 was $986. In 2016, the median sales tax was $929. This marks an increase of 6%. 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 Grandview 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) |
|---|---|---|---|---|---|---|
| Route 4/ Route 97 | 9 | 6 | 50% | $49,000 | $118,500 | -58.6% |
| Stanford Avenue/ Fox Bridge Road | 5 | 6 | -16.7% | $41,245 | $47,250 | -12.7% |
| Arlington Heights | 9 | 2 | 350% | $41,000 | $41,593 | -1.4% |
| Route 97/ 9th Street | 6 | 0 | - | $39,500 | $0 | - |
| Route 97/ Walnut Street | 4 | 4 | 0% | $38,000 | $49,000 | -22.4% |
| Grandview | 5 | 5 | 0% | $38,000 | $36,000 | 5.6% |
| 16th Street/ Ash Street | 4 | 4 | 0% | $33,475 | $18,000 | 86% |
| Route 29/ Route 97 | 10 | 4 | 150% | $32,250 | $53,500 | -39.7% |
| College Street/ Lawrence Avenue | 4 | 8 | -50% | $26,500 | $48,250 | -45.1% |
| Ash Street/ Wirt Avenue | 5 | 5 | 0% | $22,244 | $20,000 | 11.2% |
| Southern View | 5 | 3 | 66.7% | $22,000 | $20,100 | 9.5% |
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