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Tuesday, April 23, 2024

Leland Grove home prices rise in September 2017

Realestate3

The median sale price of a home sold in September 2017 in Leland Grove, a Springfield neighborhood, rose by $20,750 while total sales increased by 66.7%, according to BlockShopper.com.

In September 2017, there were 10 homes sold, with a median sale price of $198,750 - a 11.7% increase over the $178,000 median sale price for the same period of the previous year. There were six homes sold in Leland Grove in September 2016.

The median sales tax in Leland Grove for 2017 was $3,948. In 2016, the median sales tax was $3,967. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in September 2017:

NeighborhoodSept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale19185.6%$270,000$216,70024.6%
Leland Grove10666.7%$198,750$178,00011.7%
Woodside78-12.5%$194,900$164,25018.7%
Route 4/ Greenbriar Drive171513.3%$189,900$188,0001%
Route 4/ Wabash Avenue1213-7.7%$151,301.50$136,00011.3%
Route 4/ Washington Street1720-15%$139,500$118,50017.7%
Toronto/ University of Illinois at Springfield513-61.5%$119,900$115,0004.3%
Mayden Road/ Dirkson Parkway46-33.3%$118,450$122,500-3.3%
Route 4/ Route 97880%$91,000$117,500-22.6%
Jerome412-66.7%$89,200$83,9506.3%
Stanton Street/ Stevenson Drive146133.3%$81,750$81,0000.9%

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