In October 2017, there were 12 homes sold, with a median sale price of $27,750 - a 55.6% decrease over the $62,500 median sale price for the same period of the previous year. There were three homes sold in Arlington Heights in October 2016.
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 3.8%.
The following table compares Arlington Heights to other Springfield neighborhood with similar median sales prices in October 2017:
| Neighborhood | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 4th Street/ Cook Street | 5 | 2 | 150% | $51,850 | $83,000 | -37.5% |
| Southern View | 1 | 5 | -80% | $51,545.79 | $56,000 | -8% |
| College Street/ Lawrence Avenue | 1 | 3 | -66.7% | $46,000 | $80,000 | -42.5% |
| Route 29/ Route 97 | 3 | 5 | -40% | $45,090 | $58,000 | -22.3% |
| Edwards Street/ 11th Street | 2 | 2 | 0% | $39,350 | $80,750 | -51.3% |
| Arlington Heights | 12 | 3 | 300% | $27,750 | $62,500 | -55.6% |
| 16th Street/ Ash Street | 1 | 7 | -85.7% | $21,000 | $10,000 | 110% |
| Ash Street/ Wirt Avenue | 7 | 3 | 133.3% | $19,000 | $14,550 | 30.6% |
| Clear Lake Avenue/ 16th Street | 2 | 0 | - | $18,000 | $0 | - |
| Cook Street/ Wheeler Avenue | 3 | 6 | -50% | $13,000 | $11,500 | 13% |
| Cook Street/ 11th Street | 4 | 0 | - | $9,250 | $0 | - |
Alerts Sign-up