From October through December of 2017, there were five homes sold, with a median sale price of $56,250 - a 27.8% increase over the $44,000 median sale price for the same period of the previous year. There were eight homes sold in Southern View in the fourth quarter of 2016.
The median sales tax in Southern View for 2017 was $1,174. In 2016, the median sales tax was $1,156. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Southern View to other Springfield neighborhood with similar median sales prices in the fourth quarter of 2017:
| Neighborhood | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 54/ Sangamon Ave. | 49 | 40 | 22.5% | $71,000 | $74,250 | -4.4% |
| Jerome | 23 | 29 | -20.7% | $69,000 | $78,000 | -11.5% |
| 5th Street/ Griffiths Avenue | 18 | 15 | 20% | $62,750 | $58,000 | 8.2% |
| Glenwood Avenue/ Fayette Avenue | 15 | 29 | -48.3% | $58,800 | $122,000 | -51.8% |
| Stanford Avenue/ Fox Bridge Road | 13 | 15 | -13.3% | $56,458 | $53,000 | 6.5% |
| Southern View | 5 | 8 | -37.5% | $56,250 | $44,000 | 27.8% |
| Route 29/ Route 97 | 16 | 14 | 14.3% | $53,000 | $51,250 | 3.4% |
| Route 97/ Walnut Street | 4 | 7 | -42.9% | $49,304 | $84,300 | -41.5% |
| College Street/ Lawrence Avenue | 13 | 14 | -7.1% | $46,000 | $53,000 | -13.2% |
| Route 97/ 9th Street | 2 | 2 | 0% | $43,250 | $78,750 | -45.1% |
| 4th Street/ Cook Street | 15 | 4 | 275% | $43,000 | $83,000 | -48.2% |
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