In July 2017, there were two homes sold, with a median sale price of $82,300 - a 86% increase over the $44,250 median sale price for the same period of the previous year. There were six homes sold in Route 97/ Walnut Street in July 2016.
The median sales tax in Route 97/ Walnut Street for 2017 was $1,505. In 2016, the median sales tax was $1,479. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.
The following table compares Route 97/ Walnut Street 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) |
|---|---|---|---|---|---|---|
| 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% |
| Route 97/ Walnut Street | 2 | 6 | -66.7% | $82,300 | $44,250 | 86% |
| Southern View | 2 | 1 | 100% | $80,500 | $8,500 | 847.1% |
| Arlington Heights | 4 | 5 | -20% | $74,950 | $21,500 | 248.6% |
| Route 54/ Sangamon Ave. | 29 | 16 | 81.3% | $73,500 | $92,500 | -20.5% |
| Jerome | 11 | 14 | -21.4% | $68,000 | $88,900 | -23.5% |
| Glenwood Avenue/ Fayette Avenue | 8 | 6 | 33.3% | $66,250 | $94,000 | -29.5% |
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