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Wednesday, November 27, 2024

Lincoln Avenue/ Fayette Avenue home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, fell by $4,250 while total sales decreased by 33.3%, according to BlockShopper.com.

In December 2018, there were six homes sold, with a median sale price of $90,750 - a 4.5% decrease over the $95,000 median sale price for the same period of the previous year. There were nine homes sold in Lincoln Avenue/ Fayette Avenue in December 2017.

The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,217, approximately 2.4% of the median home sale price for December 2018.

The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in December 2018:

NeighborhoodDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Toronto/ University of Illinois at Springfield7475%$135,000$153,500-12.1%
Route 4/ Washington Street1215-20%$131,500$122,0007.8%
Mayden Road/ Dirkson Parkway12-50%$115,000$123,500-6.9%
Glenwood Avenue/ Fayette Avenue83166.7%$107,000$105,0001.9%
Stanton Street/ Stevenson Drive67-14.3%$102,500$89,89214%
Lincoln Avenue/ Fayette Avenue69-33.3%$90,750$95,000-4.5%
College Street/ Ash Street1011-9.1%$82,500$78,5005.1%
Jerome660%$82,500$63,00031%
College Street/ Lawrence Avenue5366.7%$75,000$35,000114.3%
Route 97/ 9th Street62200%$73,875$43,25070.8%
Stanford Avenue/ Fox Bridge Road660%$70,000$51,72935.3%

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