In July 2017, there were four homes sold, with a median sale price of $74,950 - a 248.6% increase over the $21,500 median sale price for the same period of the previous year. There were five homes sold in Arlington Heights in July 2016.
The median sales tax in Arlington Heights for 2017 was $1,058. In 2016, the median sales tax was $1,024. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares Arlington Heights 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) |
|---|---|---|---|---|---|---|
| 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% |
| Grandview | 2 | 6 | -66.7% | $60,500 | $33,820 | 78.9% |
| Stanford Avenue/ Fox Bridge Road | 13 | 6 | 116.7% | $60,000 | $54,000 | 11.1% |
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