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:
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/ 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% |
Stanford Avenue/ Fox Bridge Road | 10 | 12 | -16.7% | $45,000 | $51,700 | -13% |
Devereux Heights | 2 | 6 | -66.7% | $41,500 | $110,750 | -62.5% |