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Thursday, July 31, 2025

Route 97/ 9th Street home prices fall in the fourth quarter of 2017

Re 10

The median sale price of a home sold in the fourth quarter of 2017 in Route 97/ 9th Street, a Springfield neighborhood, fell by $35,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From October through December of 2017, there were two homes sold, with a median sale price of $43,250 - a 45.1% decrease over the $78,750 median sale price for the same period of the previous year. There were two homes sold in Route 97/ 9th Street in the fourth quarter of 2016, as well.

The median sales tax in Route 97/ 9th Street for 2017 was $797. In 2016, the median sales tax was $819. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Route 97/ 9th Street to other Springfield neighborhood with similar median sales prices in the fourth quarter of 2017:

NeighborhoodOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Stanford Avenue/ Fox Bridge Road1315-13.3%$56,458$53,0006.5%
Southern View58-37.5%$56,250$44,00027.8%
Route 29/ Route 97161414.3%$53,000$51,2503.4%
Route 97/ Walnut Street47-42.9%$49,304$84,300-41.5%
College Street/ Lawrence Avenue1314-7.1%$46,000$53,000-13.2%
Route 97/ 9th Street220%$43,250$78,750-45.1%
4th Street/ Cook Street154275%$43,000$83,000-48.2%
Grandview713-46.2%$40,000$50,000-20%
16th Street/ Ash Street1317-23.5%$35,000$14,600139.7%
Arlington Heights171070%$34,000$61,250-44.5%
Ash Street/ Wirt Avenue171241.7%$25,500$19,10033.5%

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