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Wednesday, April 24, 2024

Route 97/ Walnut Street home prices rise in June 2019

Realestate2

The median sale price of a home sold in June 2019 in Route 97/ Walnut Street, a Springfield neighborhood, rose by $5,500 while total sales decreased by 20%, according to BlockShopper.com.

In June 2019, there were four homes sold, with a median sale price of $45,500 - a 13.8% increase over the $40,000 median sale price for the same period of the previous year. There were five homes sold in Route 97/ Walnut Street in June 2018.

The median sales tax in Route 97/ Walnut Street for the most recent year with available data, 2017, was $1,505, approximately 3.3% of the median home sale price for June 2019.

The following table compares Route 97/ Walnut Street 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)
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%
5th Street/ Griffiths Avenue10666.7%$52,950$84,450-37.3%
Route 97/ Walnut Street45-20%$45,500$40,00013.8%
Route 29/ Route 9738-62.5%$30,000$52,998.50-43.4%
16th Street/ Ash Street52150%$29,000$22,50028.9%
Arlington Heights7475%$25,000$81,972.50-69.5%
Edwards Street/ 11th Street12-50%$22,400$4,600387%
Grandview73133.3%$18,000$46,868-61.6%

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