In July 2017, there were 29 homes sold, with a median sale price of $73,500 - a 20.5% decrease over the $92,500 median sale price for the same period of the previous year. There were 16 homes sold in Route 54/ Sangamon Ave. in July 2016.
The median sales tax in Route 54/ Sangamon Ave. for 2017 was $1,664. In 2016, the median sales tax was $1,666. This marks an decrease of 0.1%. 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 Route 54/ Sangamon Ave. 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) |
|---|---|---|---|---|---|---|
| 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% |
| 5th Street/ Griffiths Avenue | 9 | 3 | 200% | $53,500 | $67,500 | -20.7% |
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