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Sangamon Sun

Monday, September 30, 2024

Route 54/ Sangamon Ave. home prices fall in February 2019

Re 12

The median sale price of a home sold in February 2019 in Route 54/ Sangamon Ave., a Springfield neighborhood, fell by $12,500 while total sales increased by 50%, according to BlockShopper.com.

In February 2019, there were nine homes sold, with a median sale price of $70,000 - a 15.2% decrease over the $82,500 median sale price for the same period of the previous year. There were six homes sold in Route 54/ Sangamon Ave. in February 2018.

The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2017, was $1,664, approximately 2.4% of the median home sale price for February 2019.

The following table compares Route 54/ Sangamon Ave. to other Springfield neighborhood with similar median sales prices in February 2019:

NeighborhoodFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Mayden Road/ Dirkson Parkway24-50%$88,000$119,000-26.1%
Route 97/ 9th Street10-$85,770$0-
College Street/ Ash Street10742.9%$82,500$97,000-14.9%
Route 4/ Route 9745-20%$77,500$90,000-13.9%
Jerome42100%$73,538.50$90,750-19%
Route 54/ Sangamon Ave.9650%$70,000$82,500-15.2%
Stanford Avenue/ Fox Bridge Road82300%$69,695$68,626.501.6%
Stanton Street/ Stevenson Drive26-66.7%$65,500$90,000-27.2%
Glenwood Avenue/ Fayette Avenue220%$65,000$73,287-11.3%
Grandview770%$60,000$33,00081.8%
Cook Street/ 11th Street20-$45,750$0-

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