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Wednesday, November 27, 2024

College Street/ Lawrence Avenue home prices rise in December 2018

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The median sale price of a home sold in December 2018 in College Street/ Lawrence Avenue, a Springfield neighborhood, rose by $40,000 while total sales increased by 66.7%, according to BlockShopper.com.

In December 2018, there were five homes sold, with a median sale price of $75,000 - a 114.3% increase over the $35,000 median sale price for the same period of the previous year. There were three homes sold in College Street/ Lawrence Avenue in December 2017.

The median sales tax in College Street/ Lawrence Avenue for the most recent year with available data, 2017, was $1,532, approximately 2% of the median home sale price for December 2018.

The following table compares College Street/ Lawrence 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)
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%
Devereux Heights61500%$67,500$116,000-41.8%
Route 54/ Sangamon Ave.1618-11.1%$66,500$89,963.36-26.1%
Route 4/ Route 9767-14.3%$66,350$54,00022.9%

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