From April through June of 2018, there were 26 homes sold, with a median sale price of $107,500 - a 12.7% increase over the $95,400 median sale price for the same period of the previous year. There were 31 homes sold in Lincoln Avenue/ Fayette Avenue in the second quarter of 2017.
The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,217, approximately 2.1% of the median home sale price for the second quarter of 2018.
The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in the second quarter of 2018:
Neighborhood | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Leland Grove | 26 | 18 | 44.4% | $172,500 | $180,500 | -4.4% |
Route 4/ Wabash Avenue | 41 | 29 | 41.4% | $142,900 | $148,500 | -3.8% |
Mayden Road/ Dirkson Parkway | 16 | 16 | 0% | $138,400 | $105,625 | 31% |
Route 4/ Washington Street | 36 | 59 | -39% | $127,250 | $137,500 | -7.5% |
Toronto/ University of Illinois at Springfield | 30 | 31 | -3.2% | $124,000 | $132,500 | -6.4% |
Lincoln Avenue/ Fayette Avenue | 26 | 31 | -16.1% | $107,500 | $95,400 | 12.7% |
Stanton Street/ Stevenson Drive | 27 | 33 | -18.2% | $94,500 | $84,000 | 12.5% |
Glenwood Avenue/ Fayette Avenue | 17 | 20 | -15% | $88,500 | $96,250 | -8.1% |
College Street/ Ash Street | 30 | 48 | -37.5% | $86,875 | $77,250 | 12.5% |
Route 4/ Route 97 | 34 | 29 | 17.2% | $86,000 | $98,000 | -12.2% |
Jerome | 31 | 35 | -11.4% | $75,000 | $69,900 | 7.3% |