In June 2017, there were four homes sold, with a median sale price of $129,950 - a 57.9% increase over the $82,320 median sale price for the same period of the previous year. There were seven homes sold in Glenwood Avenue/ Fayette Avenue in June 2016.
The median sales tax in Glenwood Avenue/ Fayette Avenue for 2017 was $2,098. In 2016, the median sales tax was $2,099. This marks an decrease of 0%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Glenwood Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in June 2017:
| Neighborhood | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 4/ Wabash Avenue | 12 | 12 | 0% | $161,500 | $146,000 | 10.6% |
| Leland Grove | 6 | 3 | 100% | $159,950 | $164,500 | -2.8% |
| Route 4/ Greenbriar Drive | 14 | 20 | -30% | $158,500 | $205,750 | -23% |
| Toronto/ University of Illinois at Springfield | 6 | 8 | -25% | $156,000 | $116,000 | 34.5% |
| Route 4/ Washington Street | 23 | 21 | 9.5% | $139,900 | $120,000 | 16.6% |
| Glenwood Avenue/ Fayette Avenue | 4 | 7 | -42.9% | $129,950 | $82,320 | 57.9% |
| Mayden Road/ Dirkson Parkway | 5 | 3 | 66.7% | $118,000 | $140,000 | -15.7% |
| Lincoln Avenue/ Fayette Avenue | 7 | 9 | -22.2% | $112,250 | $115,500 | -2.8% |
| Jerome | 12 | 8 | 50% | $101,000 | $107,250 | -5.8% |
| Route 4/ Route 97 | 10 | 16 | -37.5% | $100,250 | $97,000 | 3.4% |
| Route 97/ Walnut Street | 3 | 4 | -25% | $90,000 | $65,000 | 38.5% |
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