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Monday, October 7, 2024

Lincoln Avenue/ Fayette Avenue home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $7,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $92,000 - a 8.2% increase over the $85,000 median sale price for the same period of the previous year. There were seven homes sold in Lincoln Avenue/ Fayette Avenue in November 2017.

The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,217, approximately 2.4% of the median home sale price for November 2018.

The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in November 2018:

NeighborhoodNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Toronto/ University of Illinois at Springfield10911.1%$123,000$153,000-19.6%
Glenwood Avenue/ Fayette Avenue78-12.5%$116,022.47$54,125114.4%
Route 4/ Route 97511-54.5%$110,500$90,00022.8%
Stanton Street/ Stevenson Drive8633.3%$98,750$62,40058.3%
Southern View21100%$94,365.78$115,000-17.9%
Lincoln Avenue/ Fayette Avenue37-57.1%$92,000$85,0008.2%
Mayden Road/ Dirkson Parkway41300%$89,000$172,000-48.3%
4th Street/ Cook Street27-71.4%$87,000$28,000210.7%
College Street/ Ash Street910-10%$79,965.70$80,500-0.7%
Route 54/ Sangamon Ave.12120%$78,320.50$73,823.776.1%
Jerome660%$77,500$61,75025.5%

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