In July 2017, there were 23 homes sold, with a median sale price of $227,500 - a 16.4% increase over the $195,500 median sale price for the same period of the previous year. There were 25 homes sold in Salisbury/ Farmingdale in July 2016.
The median sales tax in Salisbury/ Farmingdale for 2017 was $4,582. In 2016, the median sales tax was $4,913. This marks an decrease of 6.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Salisbury/ Farmingdale to other Springfield neighborhood with similar median sales prices in July 2017:
| Neighborhood | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salisbury/ Farmingdale | 23 | 25 | -8% | $227,500 | $195,500 | 16.4% |
| Woodside | 13 | 12 | 8.3% | $177,500 | $239,450 | -25.9% |
| Route 4/ Greenbriar Drive | 11 | 16 | -31.3% | $177,000 | $197,000 | -10.2% |
| Leland Grove | 4 | 13 | -69.2% | $174,950 | $119,500 | 46.4% |
| Toronto/ University of Illinois at Springfield | 15 | 13 | 15.4% | $157,000 | $158,000 | -0.6% |
| Route 4/ Wabash Avenue | 9 | 12 | -25% | $145,000 | $146,750 | -1.2% |
| Mayden Road/ Dirkson Parkway | 12 | 1 | 1100% | $134,750 | $102,000 | 32.1% |
| Route 4/ Washington Street | 9 | 19 | -52.6% | $122,000 | $128,000 | -4.7% |
| Lincoln Avenue/ Fayette Avenue | 5 | 2 | 150% | $101,900 | $123,250 | -17.3% |
| College Street/ Ash Street | 13 | 11 | 18.2% | $99,900 | $100,000 | -0.1% |
| College Street/ Lawrence Avenue | 4 | 5 | -20% | $99,250 | $85,000 | 16.8% |
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