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Friday, April 19, 2024

Ash Street/ Wirt Avenue home prices rise in May 2017

Realestate2

The median sale price of a home sold in May 2017 in Ash Street/ Wirt Avenue, a Springfield neighborhood, rose by $3,000 while total sales increased by 40%, according to BlockShopper.com.

In May 2017, there were seven homes sold, with a median sale price of $28,000 - a 12% increase over the $25,000 median sale price for the same period of the previous year. There were five homes sold in Ash Street/ Wirt Avenue in May 2016.

The median sales tax in Ash Street/ Wirt Avenue for 2017 was $547. In 2016, the median sales tax was $546. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Ash Street/ Wirt Avenue to other Springfield neighborhood with similar median sales prices in May 2017:

NeighborhoodMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Route 29/ Route 9792350%$58,000$28,750101.7%
5th Street/ Griffiths Avenue115120%$53,415$69,900-23.6%
Route 97/ Walnut Street52150%$53,000$51,5002.9%
Southern View550%$51,545.79$83,000-37.9%
16th Street/ Ash Street81700%$39,492.12$11,000259%
Stanford Avenue/ Fox Bridge Road154275%$36,150$37,500-3.6%
Arlington Heights71600%$31,000$71,500-56.6%
Ash Street/ Wirt Avenue7540%$28,000$25,00012%
Clear Lake Avenue/ 16th Street220%$16,000$17,500-8.6%
Cook Street/ Wheeler Avenue45-20%$15,125$20,000-24.4%
Route 97/ 9th Street41300%$13,750$89,900-84.7%

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