Quantcast

Sangamon Sun

Friday, April 19, 2024

Lincoln Avenue/ Fayette Avenue home prices rise in the second quarter of 2018

Re 12

The median sale price of a home sold in the second quarter of 2018 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $12,100 while total sales decreased by 16.1%, according to BlockShopper.com.

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:

NeighborhoodApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Leland Grove261844.4%$172,500$180,500-4.4%
Route 4/ Wabash Avenue412941.4%$142,900$148,500-3.8%
Mayden Road/ Dirkson Parkway16160%$138,400$105,62531%
Route 4/ Washington Street3659-39%$127,250$137,500-7.5%
Toronto/ University of Illinois at Springfield3031-3.2%$124,000$132,500-6.4%
Lincoln Avenue/ Fayette Avenue2631-16.1%$107,500$95,40012.7%
Stanton Street/ Stevenson Drive2733-18.2%$94,500$84,00012.5%
Glenwood Avenue/ Fayette Avenue1720-15%$88,500$96,250-8.1%
College Street/ Ash Street3048-37.5%$86,875$77,25012.5%
Route 4/ Route 97342917.2%$86,000$98,000-12.2%
Jerome3135-11.4%$75,000$69,9007.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS