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Sunday, September 29, 2024

Grandview home prices fall in June 2017

Realestate2

The median sale price of a home sold in June 2017 in Grandview, a Springfield neighborhood, fell by $18,000 while total sales increased by 60%, according to BlockShopper.com.

In June 2017, there were eight homes sold, with a median sale price of $34,000 - a 34.6% decrease over the $52,000 median sale price for the same period of the previous year. There were five homes sold in Grandview in June 2016.

The median sales tax in Grandview for 2017 was $986. In 2016, the median sales tax was $929. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Grandview 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)
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%
Route 97/ 9th Street21100%$37,000$75,000-50.7%
Southern View5366.7%$36,000$61,000-41%
Grandview8560%$34,000$52,000-34.6%
Route 29/ Route 9759-44.4%$30,000$62,500-52%
Edwards Street/ 11th Street10-$28,200$0-
Clear Lake Avenue/ 16th Street10-$19,000$0-
Cook Street/ Wheeler Avenue4333.3%$17,000$15,00013.3%
Ash Street/ Wirt Avenue51400%$15,000$57,500-73.9%

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