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Thursday, November 7, 2024

Leland Grove home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Leland Grove, a Springfield neighborhood, fell by $31,500 while total sales increased by 62.5%, according to BlockShopper.com.

In May 2018, there were 13 homes sold, with a median sale price of $170,000 - a 15.6% decrease over the $201,500 median sale price for the same period of the previous year. There were eight homes sold in Leland Grove in May 2017.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 2.3% of the median home sale price for May 2018.

The following table compares Leland Grove 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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