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Monday, November 25, 2024

Leland Grove home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Leland Grove, a Springfield neighborhood, rose by $35,375 while total sales increased by 50%, according to BlockShopper.com.

In January 2018, there were six homes sold, with a median sale price of $176,250 - a 25.1% increase over the $140,875 median sale price for the same period of the previous year. There were four homes sold in Leland Grove in January 2017.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 2.2% of the median home sale price for January 2018.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in January 2018:

NeighborhoodJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Woodside78-12.5%$200,000$195,5002.3%
Leland Grove6450%$176,250$140,87525.1%
Salisbury/ Farmingdale1012-16.7%$171,650$204,252-16%
Route 4/ Greenbriar Drive7540%$144,000$169,900-15.2%
Toronto/ University of Illinois at Springfield47-42.9%$143,250$158,000-9.3%
Mayden Road/ Dirkson Parkway60-$136,250$0-
Route 4/ Wabash Avenue413-69.2%$132,000$161,000-18%
Edwards Street/ 11th Street10-$124,900$0-
Glenwood Avenue/ Fayette Avenue56-16.7%$116,022.47$80,50044.1%
Devereux Heights3250%$105,610.51$135,000-21.8%
Stanton Street/ Stevenson Drive410-60%$102,139.50$107,884.63-5.3%

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