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Route 54/ Sangamon Ave. home prices rise in November 2018

Real Estate

By Local Labs News Service | Dec 7, 2018

Realestate077

The median sale price of a home sold in November 2018 in Route 54/ Sangamon Ave., a Springfield neighborhood, rose by $4,497 while total sales remained unchanged with 12 homes sold, according to BlockShopper.com.

In November 2018, there were 12 homes sold, with a median sale price of $78,321 - a 6.1% increase over the $73,824 median sale price for the same period of the previous year. There were 12 homes sold in Route 54/ Sangamon Ave. in November 2017, as well.

The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2017, was $1,664, approximately 2.1% of the median home sale price for November 2018.

The following table compares Route 54/ Sangamon Ave. to other Springfield neighborhood with similar median sales prices in November 2018:

Neighborhood
Nov. 2018 Home Sales
Nov. 2017 Home Sales
% change (Total Home Sales)
Nov. 2018 Median Sales Price
Nov. 2017 Median Sales Price
% change (Median Sales Price)
Southern View
2
1
100%
$94,365.78
$115,000
-17.9%
Lincoln Avenue/ Fayette Avenue
3
7
-57.1%
$92,000
$85,000
8.2%
Mayden Road/ Dirkson Parkway
4
1
300%
$89,000
$172,000
-48.3%
4th Street/ Cook Street
2
7
-71.4%
$87,000
$28,000
210.7%
College Street/ Ash Street
9
10
-10%
$79,965.70
$80,500
-0.7%
Route 54/ Sangamon Ave.
12
12
0%
$78,320.50
$73,823.77
6.1%
Jerome
6
6
0%
$77,500
$61,750
25.5%
Stanford Avenue/ Fox Bridge Road
5
0
-
$76,000
$0
-
5th Street/ Griffiths Avenue
7
8
-12.5%
$75,000
$74,000
1.4%
College Street/ Lawrence Avenue
7
9
-22.2%
$74,000
$59,500
24.4%
Route 97/ Walnut Street
5
2
150%
$73,641
$37,054
98.7%

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