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Wednesday, November 27, 2024

Arlington Heights home prices fall in December 2018

Realestate4

The median sale price of a home sold in December 2018 in Arlington Heights, a Springfield neighborhood, fell by $27,000 while total sales increased by 150%, according to BlockShopper.com.

In December 2018, there were five homes sold, with a median sale price of $37,000 - a 42.2% decrease over the $64,000 median sale price for the same period of the previous year. There were two homes sold in Arlington Heights in December 2017.

The median sales tax in Arlington Heights for the most recent year with available data, 2017, was $1,058, approximately 2.9% of the median home sale price for December 2018.

The following table compares Arlington Heights 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 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%
Cook Street/ Wheeler Avenue220%$22,100$34,825-36.5%
4th Street/ Cook Street13-66.7%$19,900$75,000-73.5%
Clear Lake Avenue/ 16th Street12-50%$18,000$10,45072.2%

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