In May 2017, there were nine homes sold, with a median sale price of $58,000 - a 101.7% increase over the $28,750 median sale price for the same period of the previous year. There were two homes sold in Route 29/ Route 97 in May 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 1.9%.
The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sales prices in May 2017:
| Neighborhood | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 54/ Sangamon Ave. | 17 | 19 | -10.5% | $73,000 | $89,500 | -18.4% |
| College Street/ Ash Street | 14 | 7 | 100% | $70,650 | $96,000 | -26.4% |
| Grandview | 8 | 0 | - | $61,500 | $0 | - |
| College Street/ Lawrence Avenue | 7 | 8 | -12.5% | $60,308.72 | $37,000 | 63% |
| Jerome | 15 | 11 | 36.4% | $58,247.15 | $62,500 | -6.8% |
| Route 29/ Route 97 | 9 | 2 | 350% | $58,000 | $28,750 | 101.7% |
| 5th Street/ Griffiths Avenue | 11 | 5 | 120% | $53,415 | $69,900 | -23.6% |
| Route 97/ Walnut Street | 5 | 2 | 150% | $53,000 | $51,500 | 2.9% |
| Southern View | 5 | 5 | 0% | $51,545.79 | $83,000 | -37.9% |
| 16th Street/ Ash Street | 8 | 1 | 700% | $39,492.12 | $11,000 | 259% |
| Stanford Avenue/ Fox Bridge Road | 15 | 4 | 275% | $36,150 | $37,500 | -3.6% |
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