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Monday, November 25, 2024

Lincoln Avenue/ Fayette Avenue home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, fell by $4,207 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In January 2018, there were two homes sold, with a median sale price of $89,293 - a 4.5% decrease over the $93,500 median sale price for the same period of the previous year. There were two homes sold in Lincoln Avenue/ Fayette Avenue in January 2017, as well.

The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,217, approximately 2.5% of the median home sale price for January 2018.

The following table compares Lincoln 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)
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%
Route 97/ Walnut Street13-66.7%$80,000$56,75041%
4th Street/ Cook Street440%$78,500$32,500141.5%
College Street/ Ash Street103233.3%$78,500$78,0000.6%
Route 4/ Route 978714.3%$72,750$48,00051.6%

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