In May 2017, there were two homes sold, with a median sale price of $16,000 - a 8.6% decrease over the $17,500 median sale price for the same period of the previous year. There were two homes sold in Clear Lake Avenue/ 16th Street in May 2016, as well.
The median sales tax in Clear Lake Avenue/ 16th Street for 2017 was $599. In 2016, the median sales tax was $587. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.
The following table compares Clear Lake Avenue/ 16th Street 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 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% |
| Cook Street/ Wheeler Avenue | 4 | 5 | -20% | $15,125 | $20,000 | -24.4% |
| Route 97/ 9th Street | 4 | 1 | 300% | $13,750 | $89,900 | -84.7% |
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