In November 2017, there were seven homes sold, with a median sale price of $47,000 - a 56.7% increase over the $30,000 median sale price for the same period of the previous year. There were five homes sold in Route 29/ Route 97 in November 2016.
The median sales tax in Route 29/ Route 97 for 2017 was $1,112. In 2016, the median sales tax was $1,105. This marks an increase of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Route 29/ Route 97 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) |
---|---|---|---|---|---|---|
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% |
Ash Street/ Wirt Avenue | 5 | 1 | 400% | $30,000 | $86,000 | -65.1% |
Clear Lake Avenue/ 16th Street | 3 | 2 | 50% | $28,500 | $21,750 | 31% |