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Sunday, July 27, 2025

Toronto/ University of Illinois at Springfield home prices fall in August 2017

Realestate3

The median sale price of a home sold in August 2017 in Toronto/ University of Illinois at Springfield, a Springfield neighborhood, fell by $11,235 while total sales decreased by 27.8%, according to BlockShopper.com.

In August 2017, there were 13 homes sold, with a median sale price of $123,500 - a 8.3% decrease over the $134,735 median sale price for the same period of the previous year. There were 18 homes sold in Toronto/ University of Illinois at Springfield in August 2016.

The median sales tax in Toronto/ University of Illinois at Springfield for 2017 was $3,034. In 2016, the median sales tax was $3,005. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Toronto/ University of Illinois at Springfield to other Springfield neighborhood with similar median sales prices in August 2017:

NeighborhoodAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Woodside1119-42.1%$195,000$197,500-1.3%
Route 4/ Greenbriar Drive1719-10.5%$177,500$179,000-0.8%
Route 4/ Wabash Avenue810-20%$143,000$150,500-5%
Route 4/ Washington Street1425-44%$137,450$147,750-7%
Mayden Road/ Dirkson Parkway73133.3%$132,000$123,0007.3%
Toronto/ University of Illinois at Springfield1318-27.8%$123,500$134,735-8.3%
Lincoln Avenue/ Fayette Avenue8560%$119,000$105,00013.3%
Glenwood Avenue/ Fayette Avenue12850%$113,750$86,95030.8%
Devereux Heights51400%$112,000$103,0008.7%
Route 4/ Route 9710666.7%$99,000$120,800-18%
College Street/ Ash Street10100%$89,900$94,950-5.3%

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