In December 2017, there were six homes sold, with a median sale price of $61,100 - a 10.1% increase over the $55,500 median sale price for the same period of the previous year. There were six homes sold in 5th Street/ Griffiths Avenue in December 2016, as well.
The median sales tax in 5th Street/ Griffiths Avenue for 2017 was $1,463. In 2016, the median sales tax was $1,457. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares 5th Street/ Griffiths Avenue to other Springfield neighborhood with similar median sales prices in December 2017:
| Neighborhood | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| College Street/ Ash Street | 11 | 12 | -8.3% | $78,500 | $104,250 | -24.7% |
| 4th Street/ Cook Street | 3 | 1 | 200% | $75,000 | $165,000 | -54.5% |
| Route 29/ Route 97 | 6 | 4 | 50% | $68,250 | $47,500 | 43.7% |
| Arlington Heights | 2 | 5 | -60% | $64,000 | $37,000 | 73% |
| Jerome | 6 | 9 | -33.3% | $63,000 | $73,000 | -13.7% |
| 5th Street/ Griffiths Avenue | 6 | 6 | 0% | $61,100 | $55,500 | 10.1% |
| Southern View | 3 | 3 | 0% | $56,250 | $32,000 | 75.8% |
| Route 97/ Walnut Street | 2 | 1 | 100% | $54,750 | $3,000 | 1725% |
| Route 4/ Route 97 | 7 | 7 | 0% | $54,000 | $95,000 | -43.2% |
| Stanford Avenue/ Fox Bridge Road | 6 | 4 | 50% | $51,729 | $40,500 | 27.7% |
| Grandview | 4 | 2 | 100% | $51,250 | $43,250 | 18.5% |
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