From October through December of 2018, there were 11 homes sold, with a median sale price of $60,500 - a 22.7% increase over the $49,304 median sale price for the same period of the previous year. There were four homes sold in Route 97/ Walnut Street in the fourth quarter of 2017.
The median sales tax in Route 97/ Walnut Street for the most recent year with available data, 2017, was $1,505, approximately 2.5% of the median home sale price for the fourth quarter of 2018.
The following table compares Route 97/ Walnut Street to other Springfield neighborhood with similar median sales prices in the fourth quarter of 2018:
Neighborhood | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
College Street/ Ash Street | 28 | 32 | -12.5% | $79,965.70 | $82,750 | -3.4% |
Devereux Heights | 9 | 10 | -10% | $75,000 | $117,500 | -36.2% |
Jerome | 23 | 23 | 0% | $74,000 | $69,000 | 7.2% |
College Street/ Lawrence Avenue | 17 | 13 | 30.8% | $74,000 | $46,000 | 60.9% |
Route 54/ Sangamon Ave. | 44 | 49 | -10.2% | $73,320.50 | $71,000 | 3.3% |
Route 97/ Walnut Street | 11 | 4 | 175% | $60,500 | $49,304 | 22.7% |
Stanford Avenue/ Fox Bridge Road | 17 | 13 | 30.8% | $50,000 | $56,458 | -11.4% |
Route 97/ 9th Street | 11 | 2 | 450% | $49,000 | $43,250 | 13.3% |
Arlington Heights | 8 | 17 | -52.9% | $45,200 | $34,000 | 32.9% |
Southern View | 6 | 5 | 20% | $44,865.78 | $56,250 | -20.2% |
Grandview | 16 | 7 | 128.6% | $42,850 | $40,000 | 7.1% |