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Saturday, April 20, 2024

Glenwood Avenue/ Fayette Avenue home prices fall in June 2019

Realestate077

The median sale price of a home sold in June 2019 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, fell by $99,250 while total sales increased by 33.3%, according to BlockShopper.com.

In June 2019, there were eight homes sold, with a median sale price of $86,500 - a 53.4% decrease over the $185,750 median sale price for the same period of the previous year. There were six homes sold in Glenwood Avenue/ Fayette Avenue in June 2018.

The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,098, approximately 2.4% of the median home sale price for June 2019.

The following table compares Glenwood Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in June 2019:

NeighborhoodJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Stanton Street/ Stevenson Drive12933.3%$113,500$94,90019.6%
Devereux Heights21100%$113,350$80,00041.7%
Route 4/ Route 9713128.3%$112,500$86,95029.4%
Lincoln Avenue/ Fayette Avenue8633.3%$106,250$129,250-17.8%
Route 54/ Sangamon Ave.2914107.1%$98,000$69,41041.2%
Glenwood Avenue/ Fayette Avenue8633.3%$86,500$185,750-53.4%
4th Street/ Cook Street37-57.1%$79,900$48,50064.7%
College Street/ Lawrence Avenue9650%$60,000$42,20042.2%
Jerome514-64.3%$60,000$73,000-17.8%
Stanford Avenue/ Fox Bridge Road39-66.7%$57,000$54,5004.6%
Route 97/ 9th Street110%$55,000$45,00022.2%

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