In September 2017, there were five homes sold, with a median sale price of $47,000 - a 20.3% decrease over the $59,000 median sale price for the same period of the previous year. There were two homes sold in Route 29/ Route 97 in September 2016.
The median sales tax in Route 29/ Route 97 for 2017 was $1,112. In 2016, the median sales tax was $1,105. This marks an increase of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sales prices in September 2017:
| Neighborhood | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glenwood Avenue/ Fayette Avenue | 2 | 5 | -60% | $62,500 | $94,000 | -33.5% |
| 5th Street/ Griffiths Avenue | 2 | 5 | -60% | $57,950 | $38,500 | 50.5% |
| Route 54/ Sangamon Ave. | 12 | 11 | 9.1% | $56,495 | $90,000 | -37.2% |
| Route 97/ 9th Street | 4 | 6 | -33.3% | $55,250 | $48,500 | 13.9% |
| 4th Street/ Cook Street | 4 | 3 | 33.3% | $55,000 | $29,000 | 89.7% |
| Route 29/ Route 97 | 5 | 2 | 150% | $47,000 | $59,000 | -20.3% |
| Southern View | 4 | 1 | 300% | $44,500 | $67,000 | -33.6% |
| Grandview | 2 | 9 | -77.8% | $31,500 | $47,000 | -33% |
| Arlington Heights | 3 | 10 | -70% | $30,600 | $41,500 | -26.3% |
| Ash Street/ Wirt Avenue | 5 | 5 | 0% | $29,900 | $15,000 | 99.3% |
| College Street/ Lawrence Avenue | 6 | 3 | 100% | $29,625 | $21,800 | 35.9% |
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