In August 2017, there were seven homes sold, with a median sale price of $53,000 - a 92.7% increase over the $27,500 median sale price for the same period of the previous year. There were seven homes sold in Arlington Heights in August 2016, as well.
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 2%.
The following table compares Arlington Heights to other Springfield neighborhood with similar median sales prices in August 2017:
| Neighborhood | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| College Street/ Lawrence Avenue | 7 | 10 | -30% | $82,000 | $87,500 | -6.3% |
| Route 54/ Sangamon Ave. | 13 | 20 | -35% | $82,000 | $77,200 | 6.2% |
| Jerome | 14 | 19 | -26.3% | $77,366.50 | $69,000 | 12.1% |
| Southern View | 4 | 2 | 100% | $61,750 | $40,500 | 52.5% |
| Route 97/ Walnut Street | 2 | 2 | 0% | $58,138 | $68,500 | -15.1% |
| Arlington Heights | 7 | 7 | 0% | $53,000 | $27,500 | 92.7% |
| Route 97/ 9th Street | 8 | 2 | 300% | $45,000 | $34,592 | 30.1% |
| 5th Street/ Griffiths Avenue | 6 | 2 | 200% | $40,855.50 | $60,200 | -32.1% |
| 4th Street/ Cook Street | 8 | 8 | 0% | $37,500 | $67,500 | -44.4% |
| Stanford Avenue/ Fox Bridge Road | 7 | 9 | -22.2% | $30,003 | $49,000 | -38.8% |
| Edwards Street/ 11th Street | 1 | 2 | -50% | $29,750 | $26,300 | 13.1% |
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