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Thursday, April 25, 2024

Grandview home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Grandview, a Springfield neighborhood, fell by $28,868 while total sales increased by 133.3%, according to BlockShopper.com.

In June 2019, there were seven homes sold, with a median sale price of $18,000 - a 61.6% decrease over the $46,868 median sale price for the same period of the previous year. There were three homes sold in Grandview in June 2018.

The median sales tax in Grandview for the most recent year with available data, 2017, was $986, approximately 5.5% of the median home sale price for June 2019.

The following table compares Grandview 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)
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%
Cook Street/ 11th Street20-$15,000$0-
Cook Street/ Wheeler Avenue5425%$11,500$55,787.90-79.4%
Ash Street/ Wirt Avenue81700%$8,250$34,000-75.7%

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