In May 2017, there were five homes sold, with a median sale price of $51,546 - a 37.9% decrease over the $83,000 median sale price for the same period of the previous year. There were five homes sold in Southern View in May 2016, as well.
The median sales tax in Southern View for 2017 was $1,174. In 2016, the median sales tax was $1,156. 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 2.3%.
The following table compares Southern View 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) |
---|---|---|---|---|---|---|
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% |
Arlington Heights | 7 | 1 | 600% | $31,000 | $71,500 | -56.6% |
Ash Street/ Wirt Avenue | 7 | 5 | 40% | $28,000 | $25,000 | 12% |
Clear Lake Avenue/ 16th Street | 2 | 2 | 0% | $16,000 | $17,500 | -8.6% |