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Monday, November 25, 2024

Salisbury/ Farmingdale home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Salisbury/ Farmingdale, a Springfield neighborhood, rose by $17,700 while total sales decreased by 20%, according to BlockShopper.com.

In May 2018, there were 24 homes sold, with a median sale price of $244,950 - a 7.8% increase over the $227,250 median sale price for the same period of the previous year. There were 30 homes sold in Salisbury/ Farmingdale in May 2017.

The median sales tax in Salisbury/ Farmingdale for the most recent year with available data, 2017, was $4,582, approximately 1.9% of the median home sale price for May 2018.

The following table compares Salisbury/ Farmingdale to other Springfield neighborhood with similar median sales prices in May 2018:

NeighborhoodMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Woodside915-40%$252,000$221,00014%
Salisbury/ Farmingdale2430-20%$244,950$227,2507.8%
Route 4/ Greenbriar Drive1521-28.6%$207,500$168,00023.5%
Leland Grove13862.5%$170,000$201,500-15.6%
Mayden Road/ Dirkson Parkway770%$139,900$95,00047.3%
Route 4/ Washington Street171513.3%$135,000$137,500-1.8%
Route 4/ Wabash Avenue131118.2%$126,000$144,900-13%
Devereux Heights220%$117,500$117,805.26-0.3%
Toronto/ University of Illinois at Springfield1118-38.9%$107,000$126,750-15.6%
College Street/ Ash Street914-35.7%$106,500$70,65050.7%
Stanton Street/ Stevenson Drive10825%$101,500$89,75013.1%

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