In June 2017, there were 18 homes sold, with a median sale price of $86,750 - a 11.2% increase over the $78,000 median sale price for the same period of the previous year. There were 20 homes sold in Route 54/ Sangamon Ave. in June 2016.
The median sales tax in Route 54/ Sangamon Ave. for 2017 was $1,664. In 2016, the median sales tax was $1,666. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.
The following table compares Route 54/ Sangamon Ave. 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) |
|---|---|---|---|---|---|---|
| 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% |
| 5th Street/ Griffiths Avenue | 8 | 4 | 100% | $64,700 | $57,000 | 13.5% |
| 4th Street/ Cook Street | 4 | 5 | -20% | $49,250 | $46,500 | 5.9% |
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