In July 2017, there were six homes sold, with a median sale price of $15,123 - a 54.2% decrease over the $33,000 median sale price for the same period of the previous year. There were five homes sold in 16th Street/ Ash Street in July 2016.
The median sales tax in 16th Street/ Ash Street for 2017 was $565. In 2016, the median sales tax was $554. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.
The following table compares 16th Street/ Ash 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) |
|---|---|---|---|---|---|---|
| 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% |
| Route 29/ Route 97 | 3 | 4 | -25% | $20,000 | $59,750 | -66.5% |
| 16th Street/ Ash Street | 6 | 5 | 20% | $15,123.40 | $33,000 | -54.2% |
| Clear Lake Avenue/ 16th Street | 3 | 1 | 200% | $13,500 | $32,000 | -57.8% |
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