In September 2017, there were six homes sold, with a median sale price of $29,625 - a 35.9% increase over the $21,800 median sale price for the same period of the previous year. There were three homes sold in College Street/ Lawrence Avenue in September 2016.
The median sales tax in College Street/ Lawrence Avenue for 2017 was $1,532. In 2016, the median sales tax was $1,508. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 5.2%.
The following table compares College Street/ Lawrence Avenue 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) |
|---|---|---|---|---|---|---|
| 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% |
| 16th Street/ Ash Street | 6 | 6 | 0% | $22,800 | $22,875 | -0.3% |
| Route 97/ Walnut Street | 2 | 0 | - | $17,500 | $0 | - |
| Cook Street/ Wheeler Avenue | 1 | 3 | -66.7% | $15,000 | $19,000 | -21.1% |
| Cook Street/ 11th Street | 1 | 2 | -50% | $4,350 | $22,250 | -80.4% |
Alerts Sign-up