From October through December of 2017, there were seven homes sold, with a median sale price of $40,000 - a 20% decrease over the $50,000 median sale price for the same period of the previous year. There were 13 homes sold in Grandview in the fourth quarter of 2016.
The median sales tax in Grandview for 2017 was $986. In 2016, the median sales tax was $929. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Grandview 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 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% |
| Grandview | 7 | 13 | -46.2% | $40,000 | $50,000 | -20% |
| 16th Street/ Ash Street | 13 | 17 | -23.5% | $35,000 | $14,600 | 139.7% |
| Arlington Heights | 17 | 10 | 70% | $34,000 | $61,250 | -44.5% |
| Ash Street/ Wirt Avenue | 17 | 12 | 41.7% | $25,500 | $19,100 | 33.5% |
| Clear Lake Avenue/ 16th Street | 7 | 4 | 75% | $20,000 | $19,500 | 2.6% |
| Edwards Street/ 11th Street | 3 | 3 | 0% | $19,839 | $116,500 | -83% |
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