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Monday, November 25, 2024

Glenwood Avenue/ Fayette Avenue home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $800 while total sales increased by 12.5%, according to BlockShopper.com.

In May 2018, there were nine homes sold, with a median sale price of $83,000 - a 1% increase over the $82,200 median sale price for the same period of the previous year. There were eight homes sold in Glenwood Avenue/ Fayette Avenue in May 2017.

The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,098, approximately 2.5% of the median home sale price for May 2018.

The following table compares Glenwood Avenue/ Fayette Avenue 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)
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%
Route 97/ Walnut Street15-80%$98,000$53,00084.9%
Route 4/ Route 97171070%$87,000$102,650-15.2%
Glenwood Avenue/ Fayette Avenue9812.5%$83,000$82,2001%
Lincoln Avenue/ Fayette Avenue918-50%$77,000$92,917.60-17.1%
Route 54/ Sangamon Ave.211723.5%$70,000$73,000-4.1%
Jerome1015-33.3%$64,000$58,247.159.9%
5th Street/ Griffiths Avenue211-81.8%$63,000$53,41517.9%
Route 29/ Route 9779-22.2%$54,000$58,000-6.9%

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