From October through December of 2017, there were 17 homes sold, with a median sale price of $34,000 - a 44.5% decrease over the $61,250 median sale price for the same period of the previous year. There were 10 homes sold in Arlington Heights in the fourth quarter of 2016.
The median sales tax in Arlington Heights for 2017 was $1,058. In 2016, the median sales tax was $1,024. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.
The following table compares Arlington Heights 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) |
|---|---|---|---|---|---|---|
| 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% |
| Cook Street/ 11th Street | 8 | 1 | 700% | $15,750 | $4,000 | 293.8% |
| Cook Street/ Wheeler Avenue | 11 | 12 | -8.3% | $14,500 | $10,500 | 38.1% |
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