In August 2017, there were six homes sold, with a median sale price of $40,856 - a 32.1% decrease over the $60,200 median sale price for the same period of the previous year. There were two homes sold in 5th Street/ Griffiths Avenue in August 2016.
The median sales tax in 5th Street/ Griffiths Avenue for 2017 was $1,463. In 2016, the median sales tax was $1,457. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.
The following table compares 5th Street/ Griffiths Avenue 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) |
|---|---|---|---|---|---|---|
| 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% |
| Grandview | 4 | 3 | 33.3% | $29,049.50 | $9,500 | 205.8% |
| Route 29/ Route 97 | 5 | 5 | 0% | $25,000 | $24,000 | 4.2% |
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