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Arlington Heights home prices rise in May 2018

Real Estate

By Local Labs News Service | Jun 7, 2018

Re 12

The median sale price of a home sold in May 2018 in Arlington Heights, a Springfield neighborhood, rose by $6,750 while total sales decreased by 71.4%, according to BlockShopper.com.

In May 2018, there were two homes sold, with a median sale price of $37,750 - a 21.8% increase over the $31,000 median sale price for the same period of the previous year. There were seven homes sold in Arlington Heights in May 2017.

The median sales tax in Arlington Heights for the most recent year with available data, 2017, was $1,058, approximately 2.8% of the median home sale price for May 2018.

The following table compares Arlington Heights 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/ Lawrence Avenue
9
7
28.6%
$45,000
$60,308.72
-25.4%
Stanford Avenue/ Fox Bridge Road
8
15
-46.7%
$42,219
$36,150
16.8%
Grandview
6
8
-25%
$41,600
$61,500
-32.4%
16th Street/ Ash Street
7
8
-12.5%
$38,000
$39,492.12
-3.8%
Route 97/ 9th Street
3
4
-25%
$37,900
$13,750
175.6%
Arlington Heights
2
7
-71.4%
$37,750
$31,000
21.8%
Ash Street/ Wirt Avenue
7
7
0%
$22,000
$28,000
-21.4%
Southern View
2
5
-60%
$20,250
$51,545.79
-60.7%
Cook Street/ Wheeler Avenue
1
4
-75%
$15,000
$15,125
-0.8%
Cook Street/ 11th Street
1
0
-
$12,000
$0
-
Clear Lake Avenue/ 16th Street
1
2
-50%
$7,000
$16,000
-56.3%

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