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Tuesday, November 26, 2024

Leland Grove home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Leland Grove, a Springfield neighborhood, rose by $39,590 while total sales increased by 40%, according to BlockShopper.com.

In August 2018, there were seven homes sold, with a median sale price of $242,590 - a 19.5% increase over the $203,000 median sale price for the same period of the previous year. There were five homes sold in Leland Grove in August 2017.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 1.6% of the median home sale price for August 2018.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in August 2018:

NeighborhoodAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Leland Grove7540%$242,590$203,00019.5%
Woodside141127.3%$190,250$195,000-2.4%
Salisbury/ Farmingdale25244.2%$185,000$247,250-25.2%
Route 4/ Greenbriar Drive1517-11.8%$161,000$177,500-9.3%
Route 4/ Washington Street211450%$139,000$137,4501.1%
Toronto/ University of Illinois at Springfield1113-15.4%$137,000$123,50010.9%
Route 4/ Wabash Avenue9812.5%$135,000$143,000-5.6%
Jerome1114-21.4%$127,000$77,366.5064.2%
Glenwood Avenue/ Fayette Avenue912-25%$107,100$113,750-5.8%
Route 54/ Sangamon Ave.14137.7%$96,952.71$82,00018.2%
Lincoln Avenue/ Fayette Avenue68-25%$93,950$119,000-21.1%

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