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Monday, November 25, 2024

Glenwood Avenue/ Fayette Avenue home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $35,522 while total sales decreased by 16.7%, according to BlockShopper.com.

In January 2018, there were five homes sold, with a median sale price of $116,022 - a 44.1% increase over the $80,500 median sale price for the same period of the previous year. There were six homes sold in Glenwood Avenue/ Fayette Avenue in January 2017.

The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,098, approximately 1.8% of the median home sale price for January 2018.

The following table compares Glenwood Avenue/ Fayette Avenue 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)
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%
Route 54/ Sangamon Ave.12850%$90,750$85,7725.8%
Lincoln Avenue/ Fayette Avenue220%$89,292.60$93,500-4.5%
Route 4/ Washington Street15966.7%$86,000$91,250-5.8%

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