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Leland Grove home prices fall in September 2018

Real Estate

By Local Labs News Service | Oct 7, 2018

Re 12

The median sale price of a home sold in September 2018 in Leland Grove, a Springfield neighborhood, fell by $38,800 while total sales decreased by 40%, according to BlockShopper.com.

In September 2018, there were six homes sold, with a median sale price of $159,950 - a 19.5% decrease over the $198,750 median sale price for the same period of the previous year. There were 10 homes sold in Leland Grove in September 2017.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 2.5% of the median home sale price for September 2018.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in September 2018:

Neighborhood
Sept. 2018 Home Sales
Sept. 2017 Home Sales
% change (Total Home Sales)
Sept. 2018 Median Sales Price
Sept. 2017 Median Sales Price
% change (Median Sales Price)
Woodside
4
7
-42.9%
$190,000
$194,900
-2.5%
Salisbury/ Farmingdale
19
19
0%
$186,900
$270,000
-30.8%
Route 4/ Greenbriar Drive
11
17
-35.3%
$175,000
$189,900
-7.8%
Route 4/ Wabash Avenue
5
12
-58.3%
$166,000
$151,301.50
9.7%
Leland Grove
6
10
-40%
$159,950
$198,750
-19.5%
Toronto/ University of Illinois at Springfield
8
5
60%
$140,500
$119,900
17.2%
Route 4/ Washington Street
12
17
-29.4%
$121,000
$139,500
-13.3%
College Street/ Ash Street
7
17
-58.8%
$108,000
$78,000
38.5%
Jerome
5
4
25%
$105,000
$89,200
17.7%
Glenwood Avenue/ Fayette Avenue
5
2
150%
$95,000
$62,500
52%
Mayden Road/ Dirkson Parkway
1
4
-75%
$91,900
$118,450
-22.4%

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