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Sunday, November 24, 2024

5th Street/ Griffiths Avenue home prices fall in November 2017

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The median sale price of a home sold in November 2017 in 5th Street/ Griffiths Avenue, a Springfield neighborhood, fell by $900 while total sales increased by 166.7%, according to BlockShopper.com.

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:

NeighborhoodNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
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%
Glenwood Avenue/ Fayette Avenue813-38.5%$54,125$115,000-52.9%

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