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Tuesday, November 26, 2024

Cook Street/ Wheeler Avenue home prices rise in October 2017

Realestate4

The median sale price of a home sold in October 2017 in Cook Street/ Wheeler Avenue, a Springfield neighborhood, rose by $1,500 while total sales decreased by 50%, according to BlockShopper.com.

In October 2017, there were three homes sold, with a median sale price of $13,000 - a 13% increase over the $11,500 median sale price for the same period of the previous year. There were six homes sold in Cook Street/ Wheeler Avenue in October 2016.

The median sales tax in Cook Street/ Wheeler Avenue for 2017 was $557. In 2016, the median sales tax was $546. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.3%.

The following table compares Cook Street/ Wheeler Avenue to other Springfield neighborhood with similar median sales prices in October 2017:

NeighborhoodOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
4th Street/ Cook Street52150%$51,850$83,000-37.5%
Southern View15-80%$51,545.79$56,000-8%
College Street/ Lawrence Avenue13-66.7%$46,000$80,000-42.5%
Route 29/ Route 9735-40%$45,090$58,000-22.3%
Edwards Street/ 11th Street220%$39,350$80,750-51.3%
Arlington Heights123300%$27,750$62,500-55.6%
16th Street/ Ash Street17-85.7%$21,000$10,000110%
Ash Street/ Wirt Avenue73133.3%$19,000$14,55030.6%
Clear Lake Avenue/ 16th Street20-$18,000$0-
Cook Street/ Wheeler Avenue36-50%$13,000$11,50013%
Cook Street/ 11th Street40-$9,250$0-

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