In May 2018, there were nine homes sold, with a median sale price of $77,000 - a 17.1% decrease over the $92,918 median sale price for the same period of the previous year. There were 18 homes sold in Lincoln Avenue/ Fayette Avenue in May 2017.
The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,217, approximately 2.9% of the median home sale price for May 2018.
The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in May 2018:
Neighborhood | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
College Street/ Ash Street | 9 | 14 | -35.7% | $106,500 | $70,650 | 50.7% |
Stanton Street/ Stevenson Drive | 10 | 8 | 25% | $101,500 | $89,750 | 13.1% |
Route 97/ Walnut Street | 1 | 5 | -80% | $98,000 | $53,000 | 84.9% |
Route 4/ Route 97 | 17 | 10 | 70% | $87,000 | $102,650 | -15.2% |
Glenwood Avenue/ Fayette Avenue | 9 | 8 | 12.5% | $83,000 | $82,200 | 1% |
Lincoln Avenue/ Fayette Avenue | 9 | 18 | -50% | $77,000 | $92,917.60 | -17.1% |
Route 54/ Sangamon Ave. | 21 | 17 | 23.5% | $70,000 | $73,000 | -4.1% |
Jerome | 10 | 15 | -33.3% | $64,000 | $58,247.15 | 9.9% |
5th Street/ Griffiths Avenue | 2 | 11 | -81.8% | $63,000 | $53,415 | 17.9% |
Route 29/ Route 97 | 7 | 9 | -22.2% | $54,000 | $58,000 | -6.9% |
4th Street/ Cook Street | 6 | 5 | 20% | $45,000 | $82,473.02 | -45.4% |