In July 2017, there were five homes sold, with a median sale price of $101,900 - a 17.3% decrease over the $123,250 median sale price for the same period of the previous year. There were two homes sold in Lincoln Avenue/ Fayette Avenue in July 2016.
The median sales tax in Lincoln Avenue/ Fayette Avenue for 2017 was $2,217. In 2016, the median sales tax was $2,190. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.
The following table compares Lincoln Avenue/ Fayette Avenue 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) |
|---|---|---|---|---|---|---|
| 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% |
| Route 4/ Route 97 | 10 | 19 | -47.4% | $93,000 | $108,500 | -14.3% |
| Stanton Street/ Stevenson Drive | 9 | 11 | -18.2% | $92,500 | $83,000 | 11.4% |
| Devereux Heights | 1 | 4 | -75% | $90,000 | $60,250 | 49.4% |
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