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Sunday, November 24, 2024

Arlington Heights home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Arlington Heights, a Springfield neighborhood, fell by $24,125 while total sales increased by 50%, according to BlockShopper.com.

In November 2017, there were three homes sold, with a median sale price of $50,000 - a 32.5% decrease over the $74,125 median sale price for the same period of the previous year. There were two homes sold in Arlington Heights in November 2016.

The median sales tax in Arlington Heights for 2017 was $1,058. In 2016, the median sales tax was $1,024. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Arlington Heights 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 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%
Arlington Heights3250%$50,000$74,125-32.5%
Route 29/ Route 977540%$47,000$30,00056.7%
Route 97/ Walnut Street23-33.3%$37,054$84,900-56.4%
16th Street/ Ash Street34-25%$35,120$46,250-24.1%
Grandview25-60%$34,100$65,000-47.5%
Ash Street/ Wirt Avenue51400%$30,000$86,000-65.1%

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