In June 2017, there were three homes sold, with a median sale price of $7,400 - a 50.7% decrease over the $15,000 median sale price for the same period of the previous year. There were four homes sold in 16th Street/ Ash Street in June 2016.
The median sales tax in 16th Street/ Ash Street for 2017 was $565. In 2016, the median sales tax was $554. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 7.6%.
The following table compares 16th 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) |
---|---|---|---|---|---|---|
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% |
Route 97/ 9th Street | 2 | 1 | 100% | $37,000 | $75,000 | -50.7% |
Southern View | 5 | 3 | 66.7% | $36,000 | $61,000 | -41% |
Grandview | 8 | 5 | 60% | $34,000 | $52,000 | -34.6% |
Route 29/ Route 97 | 5 | 9 | -44.4% | $30,000 | $62,500 | -52% |
Edwards Street/ 11th Street | 1 | 0 | - | $28,200 | $0 | - |
Clear Lake Avenue/ 16th Street | 1 | 0 | - | $19,000 | $0 | - |
Cook Street/ Wheeler Avenue | 4 | 3 | 33.3% | $17,000 | $15,000 | 13.3% |
Ash Street/ Wirt Avenue | 5 | 1 | 400% | $15,000 | $57,500 | -73.9% |
16th Street/ Ash Street | 3 | 4 | -25% | $7,400 | $15,000 | -50.7% |