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Sangamon Sun

Tuesday, April 23, 2024

Glenwood Avenue/ Fayette Avenue home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, fell by $40,050 while total sales decreased by 75%, according to BlockShopper.com.

In April 2018, there were two homes sold, with a median sale price of $46,200 - a 46.4% decrease over the $86,250 median sale price for the same period of the previous year. There were eight homes sold in Glenwood Avenue/ Fayette Avenue in April 2017.

The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,098, approximately 4.5% of the median home sale price for April 2018.

The following table compares Glenwood Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in April 2018:

NeighborhoodApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Route 54/ Sangamon Ave.189100%$71,950$72,027-0.1%
Stanford Avenue/ Fox Bridge Road93200%$68,500$62,5009.6%
Devereux Heights4333.3%$66,500$128,000-48%
Arlington Heights7475%$62,000$33,00087.9%
Route 29/ Route 9767-14.3%$51,310$45,00014%
Glenwood Avenue/ Fayette Avenue28-75%$46,200$86,250-46.4%
4th Street/ Cook Street35-40%$35,000$46,900-25.4%
Grandview34-25%$32,000$61,750-48.2%
Ash Street/ Wirt Avenue5425%$30,000$28,5005.3%
Southern View5425%$29,000$51,200-43.4%
Cook Street/ Wheeler Avenue36-50%$27,000$30,125-10.4%

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