In September 2018, there were nine homes sold, with a median sale price of $86,000 - a 14.7% increase over the $75,000 median sale price for the same period of the previous year. There were five homes sold in Lincoln Avenue/ Fayette Avenue in September 2017.
The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,217, approximately 2.6% of the median home sale price for September 2018.
The following table compares Lincoln Avenue/ Fayette Avenue 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) |
---|---|---|---|---|---|---|
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% |
Stanton Street/ Stevenson Drive | 10 | 14 | -28.6% | $89,300 | $81,750 | 9.2% |
Lincoln Avenue/ Fayette Avenue | 9 | 5 | 80% | $86,000 | $75,000 | 14.7% |
4th Street/ Cook Street | 4 | 4 | 0% | $80,250 | $55,000 | 45.9% |
5th Street/ Griffiths Avenue | 3 | 2 | 50% | $78,666 | $57,950 | 35.7% |
Devereux Heights | 4 | 2 | 100% | $75,278.31 | $79,000 | -4.7% |
Route 54/ Sangamon Ave. | 21 | 12 | 75% | $69,000 | $56,495 | 22.1% |
Southern View | 2 | 4 | -50% | $64,075 | $44,500 | 44% |