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Sunday, September 29, 2024

Leland Grove home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Leland Grove, a Springfield neighborhood, fell by $4,550 while total sales increased by 100%, according to BlockShopper.com.

In June 2017, there were six homes sold, with a median sale price of $159,950 - a 2.8% decrease over the $164,500 median sale price for the same period of the previous year. There were three homes sold in Leland Grove in June 2016.

The median sales tax in Leland Grove for 2017 was $3,948. In 2016, the median sales tax was $3,967. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in June 2017:

NeighborhoodJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Woodside1215-20%$242,950$185,00031.3%
Salisbury/ Farmingdale3036-16.7%$209,750$263,764-20.5%
Route 4/ Wabash Avenue12120%$161,500$146,00010.6%
Leland Grove63100%$159,950$164,500-2.8%
Route 4/ Greenbriar Drive1420-30%$158,500$205,750-23%
Toronto/ University of Illinois at Springfield68-25%$156,000$116,00034.5%
Route 4/ Washington Street23219.5%$139,900$120,00016.6%
Glenwood Avenue/ Fayette Avenue47-42.9%$129,950$82,32057.9%
Mayden Road/ Dirkson Parkway5366.7%$118,000$140,000-15.7%
Lincoln Avenue/ Fayette Avenue79-22.2%$112,250$115,500-2.8%
Jerome12850%$101,000$107,250-5.8%

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