In June 2017, there were seven homes sold, with a median sale price of $112,250 - a 2.8% decrease over the $115,500 median sale price for the same period of the previous year. There were nine homes sold in Lincoln Avenue/ Fayette Avenue in June 2016.
The median sales tax in Lincoln Avenue/ Fayette Avenue for 2017 was $2,217. In 2016, the median sales tax was $2,190. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Lincoln 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/ 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% |
| Stanton Street/ Stevenson Drive | 16 | 18 | -11.1% | $89,750 | $88,500 | 1.4% |
| Route 54/ Sangamon Ave. | 18 | 20 | -10% | $86,750 | $78,000 | 11.2% |
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