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Sangamon Sun

Tuesday, November 26, 2024

Route 97/ 9th Street home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Route 97/ 9th Street, a Springfield neighborhood, fell by $17,000 while total sales decreased by 12.5%, according to BlockShopper.com.

In August 2018, there were seven homes sold, with a median sale price of $28,000 - a 37.8% decrease over the $45,000 median sale price for the same period of the previous year. There were eight homes sold in Route 97/ 9th Street in August 2017.

The median sales tax in Route 97/ 9th Street for the most recent year with available data, 2017, was $797, approximately 2.8% of the median home sale price for August 2018.

The following table compares Route 97/ 9th Street 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)
College Street/ Lawrence Avenue47-42.9%$55,250$82,000-32.6%
Route 29/ Route 97115120%$55,224.17$25,000120.9%
Cook Street/ Wheeler Avenue12-50%$44,000$24,55079.2%
16th Street/ Ash Street57-28.6%$38,000$18,000111.1%
Clear Lake Avenue/ 16th Street15-80%$37,000$15,000146.7%
Grandview7475%$35,000$29,049.5020.5%
4th Street/ Cook Street48-50%$34,000$37,500-9.3%
Stanford Avenue/ Fox Bridge Road10742.9%$34,000$30,00313.3%
Ash Street/ Wirt Avenue38-62.5%$30,000$25,00020%
Route 97/ 9th Street78-12.5%$28,000$45,000-37.8%
Cook Street/ 11th Street13-66.7%$2,000$10,500-81%

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