In June 2017, there were three homes sold, with a median sale price of $90,000 - a 38.5% increase over the $65,000 median sale price for the same period of the previous year. There were four homes sold in Route 97/ Walnut Street in June 2016.
The median sales tax in Route 97/ Walnut Street for 2017 was $1,505. In 2016, the median sales tax was $1,479. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Route 97/ Walnut Street 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) |
|---|---|---|---|---|---|---|
| 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% |
| College Street/ Lawrence Avenue | 7 | 1 | 600% | $80,500 | $69,900 | 15.2% |
| College Street/ Ash Street | 22 | 20 | 10% | $78,450 | $111,500 | -29.6% |
| Arlington Heights | 7 | 3 | 133.3% | $67,000 | $63,000 | 6.3% |
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