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Sunday, November 24, 2024

Leland Grove home prices rise in July 2017

Realestate1

The median sale price of a home sold in July 2017 in Leland Grove, a Springfield neighborhood, rose by $55,450 while total sales decreased by 69.2%, according to BlockShopper.com.

In July 2017, there were four homes sold, with a median sale price of $174,950 - a 46.4% increase over the $119,500 median sale price for the same period of the previous year. There were 13 homes sold in Leland Grove in July 2016.

The median sales tax in Leland Grove for 2017 was $3,948. In 2016, the median sales tax was $3,967. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in July 2017:

NeighborhoodJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale2325-8%$227,500$195,50016.4%
Woodside13128.3%$177,500$239,450-25.9%
Route 4/ Greenbriar Drive1116-31.3%$177,000$197,000-10.2%
Leland Grove413-69.2%$174,950$119,50046.4%
Toronto/ University of Illinois at Springfield151315.4%$157,000$158,000-0.6%
Route 4/ Wabash Avenue912-25%$145,000$146,750-1.2%
Mayden Road/ Dirkson Parkway1211100%$134,750$102,00032.1%
Route 4/ Washington Street919-52.6%$122,000$128,000-4.7%
Lincoln Avenue/ Fayette Avenue52150%$101,900$123,250-17.3%
College Street/ Ash Street131118.2%$99,900$100,000-0.1%
College Street/ Lawrence Avenue45-20%$99,250$85,00016.8%

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