In November 2017, there were eight homes sold, with a median sale price of $54,125 - a 52.9% decrease over the $115,000 median sale price for the same period of the previous year. There were 13 homes sold in Glenwood Avenue/ Fayette Avenue in November 2016.
The median sales tax in Glenwood Avenue/ Fayette Avenue for 2017 was $2,098. In 2016, the median sales tax was $2,099. This marks an decrease of 0%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.9%.
The following table compares Glenwood Avenue/ Fayette 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) |
|---|---|---|---|---|---|---|
| 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% |
| Arlington Heights | 3 | 2 | 50% | $50,000 | $74,125 | -32.5% |
| Route 29/ Route 97 | 7 | 5 | 40% | $47,000 | $30,000 | 56.7% |
| Route 97/ Walnut Street | 2 | 3 | -33.3% | $37,054 | $84,900 | -56.4% |
| 16th Street/ Ash Street | 3 | 4 | -25% | $35,120 | $46,250 | -24.1% |
| Grandview | 2 | 5 | -60% | $34,100 | $65,000 | -47.5% |
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