In November 2017, there were two homes sold, with a median sale price of $34,100 - a 47.5% decrease over the $65,000 median sale price for the same period of the previous year. There were five homes sold in Grandview in November 2016.
The median sales tax in Grandview for 2017 was $986. In 2016, the median sales tax was $929. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.
The following table compares Grandview 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) |
---|---|---|---|---|---|---|
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% |
4th Street/ Cook Street | 7 | 1 | 600% | $28,000 | $23,100 | 21.2% |
Cook Street/ 11th Street | 2 | 0 | - | $22,500 | $0 | - |
Edwards Street/ 11th Street | 1 | 1 | 0% | $19,839 | $169,000 | -88.3% |