In November 2017, there were eight homes sold, with a median sale price of $74,000 - a 1.2% decrease over the $74,900 median sale price for the same period of the previous year. There were three homes sold in 5th Street/ Griffiths Avenue in November 2016.
The median sales tax in 5th Street/ Griffiths Avenue for 2017 was $1,463. In 2016, the median sales tax was $1,457. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares 5th Street/ Griffiths Avenue to other Springfield neighborhood with similar median sales prices in November 2017:
Neighborhood | Nov. 2017 Home Sales | Nov. 2016 Home Sales | % change (Total Home Sales) | Nov. 2017 Median Sales Price | Nov. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Devereux Heights | 4 | 9 | -55.6% | $116,250 | $108,000 | 7.6% |
Southern View | 1 | 0 | - | $115,000 | $0 | - |
Route 4/ Route 97 | 11 | 10 | 10% | $90,000 | $74,900 | 20.2% |
Lincoln Avenue/ Fayette Avenue | 7 | 3 | 133.3% | $85,000 | $116,500 | -27% |
College Street/ Ash Street | 10 | 3 | 233.3% | $80,500 | $76,000 | 5.9% |
5th Street/ Griffiths Avenue | 8 | 3 | 166.7% | $74,000 | $74,900 | -1.2% |
Route 54/ Sangamon Ave. | 12 | 15 | -20% | $73,823.77 | $75,500 | -2.2% |
Stanton Street/ Stevenson Drive | 6 | 5 | 20% | $62,400 | $107,000 | -41.7% |
Jerome | 6 | 10 | -40% | $61,750 | $75,000 | -17.7% |
College Street/ Lawrence Avenue | 9 | 5 | 80% | $59,500 | $38,000 | 56.6% |
Glenwood Avenue/ Fayette Avenue | 8 | 13 | -38.5% | $54,125 | $115,000 | -52.9% |