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Sunday, September 29, 2024

College Street/ Ash Street home prices fall in June 2017

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The median sale price of a home sold in June 2017 in College Street/ Ash Street, a Springfield neighborhood, fell by $33,050 while total sales increased by 10%, according to BlockShopper.com.

In June 2017, there were 22 homes sold, with a median sale price of $78,450 - a 29.6% decrease over the $111,500 median sale price for the same period of the previous year. There were 20 homes sold in College Street/ Ash Street in June 2016.

The median sales tax in College Street/ Ash Street for 2017 was $2,064. In 2016, the median sales tax was $2,017. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares College Street/ Ash Street 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)
Route 4/ Route 971016-37.5%$100,250$97,0003.4%
Route 97/ Walnut Street34-25%$90,000$65,00038.5%
Stanton Street/ Stevenson Drive1618-11.1%$89,750$88,5001.4%
Route 54/ Sangamon Ave.1820-10%$86,750$78,00011.2%
College Street/ Lawrence Avenue71600%$80,500$69,90015.2%
College Street/ Ash Street222010%$78,450$111,500-29.6%
Arlington Heights73133.3%$67,000$63,0006.3%
5th Street/ Griffiths Avenue84100%$64,700$57,00013.5%
4th Street/ Cook Street45-20%$49,250$46,5005.9%
Stanford Avenue/ Fox Bridge Road1012-16.7%$45,000$51,700-13%
Devereux Heights26-66.7%$41,500$110,750-62.5%

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