In July 2017, there were two homes sold, with a median sale price of $60,500 - a 78.9% increase over the $33,820 median sale price for the same period of the previous year. There were six homes sold in Grandview in July 2016.
The median sales tax in Grandview for 2017 was $986. In 2016, the median sales tax was $929. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Grandview 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) |
---|---|---|---|---|---|---|
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% |
Route 97/ 9th Street | 2 | 2 | 0% | $49,750 | $34,000 | 46.3% |
4th Street/ Cook Street | 7 | 4 | 75% | $43,500 | $50,250 | -13.4% |
Ash Street/ Wirt Avenue | 6 | 3 | 100% | $35,000 | $26,000 | 34.6% |