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Tuesday, November 26, 2024

Grandview home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Grandview, a Springfield neighborhood, rose by $8,750 while total sales increased by 25%, according to BlockShopper.com.

In December 2018, there were five homes sold, with a median sale price of $60,000 - a 17.1% increase over the $51,250 median sale price for the same period of the previous year. There were four homes sold in Grandview in December 2017.

The median sales tax in Grandview for the most recent year with available data, 2017, was $986, approximately 1.6% of the median home sale price for December 2018.

The following table compares Grandview 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)
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%
Grandview5425%$60,000$51,25017.1%
Ash Street/ Wirt Avenue35-40%$57,420$30,00091.4%
16th Street/ Ash Street19-88.9%$45,000$30,00050%
Arlington Heights52150%$37,000$64,000-42.2%
Route 29/ Route 9756-16.7%$30,000$68,250-56%
5th Street/ Griffiths Avenue660%$25,350$61,100-58.5%

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