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Thursday, April 25, 2024

College Street/ Ash Street home prices rise in November 2017

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The median sale price of a home sold in November 2017 in College Street/ Ash Street, a Springfield neighborhood, rose by $4,500 while total sales increased by 233.3%, according to BlockShopper.com.

In November 2017, there were 10 homes sold, with a median sale price of $80,500 - a 5.9% increase over the $76,000 median sale price for the same period of the previous year. There were three homes sold in College Street/ Ash Street in November 2016.

The median sales tax in College Street/ Ash Street for 2017 was $2,064. In 2016, the median sales tax was $2,017. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares College Street/ Ash Street to other Springfield neighborhood with similar median sales prices in November 2017:

NeighborhoodNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Route 4/ Wabash Avenue5425%$142,500$108,00031.9%
Devereux Heights49-55.6%$116,250$108,0007.6%
Southern View10-$115,000$0-
Route 4/ Route 97111010%$90,000$74,90020.2%
Lincoln Avenue/ Fayette Avenue73133.3%$85,000$116,500-27%
College Street/ Ash Street103233.3%$80,500$76,0005.9%
5th Street/ Griffiths Avenue83166.7%$74,000$74,900-1.2%
Route 54/ Sangamon Ave.1215-20%$73,823.77$75,500-2.2%
Stanton Street/ Stevenson Drive6520%$62,400$107,000-41.7%
Jerome610-40%$61,750$75,000-17.7%
College Street/ Lawrence Avenue9580%$59,500$38,00056.6%

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