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Sunday, November 24, 2024

Cook Street/ Wheeler Avenue home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Cook Street/ Wheeler Avenue, a Springfield neighborhood, fell by $7,250 while total sales increased by 100%, according to BlockShopper.com.

In November 2017, there were six homes sold, with a median sale price of $15,750 - a 31.5% decrease over the $23,000 median sale price for the same period of the previous year. There were three homes sold in Cook Street/ Wheeler Avenue in November 2016.

The median sales tax in Cook Street/ Wheeler Avenue for 2017 was $557. In 2016, the median sales tax was $546. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares Cook Street/ Wheeler 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)
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%
Clear Lake Avenue/ 16th Street3250%$28,500$21,75031%
4th Street/ Cook Street71600%$28,000$23,10021.2%
Cook Street/ 11th Street20-$22,500$0-
Edwards Street/ 11th Street110%$19,839$169,000-88.3%
Cook Street/ Wheeler Avenue63100%$15,750$23,000-31.5%

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