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Tuesday, July 29, 2025

Leland Grove home prices rise in the second half of 2017

Realestate4

The median sale price of a home sold in the second half of 2017 in Leland Grove, a Springfield neighborhood, rose by $48,500 while total sales decreased by 11.4%, according to BlockShopper.com.

From July through December of 2017, there were 39 homes sold, with a median sale price of $203,000 - a 31.4% increase over the $154,500 median sale price for the same period of the previous year. There were 44 homes sold in Leland Grove in the second half of 2016.

The median sales tax in Leland Grove for 2017 was $3,948. In 2016, the median sales tax was $3,967. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in the second half of 2017:

NeighborhoodJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale112120-6.7%$222,750$215,7503.2%
Leland Grove3944-11.4%$203,000$154,50031.4%
Woodside6874-8.1%$188,750$191,500-1.4%
Route 4/ Greenbriar Drive7683-8.4%$177,250$182,500-2.9%
Toronto/ University of Illinois at Springfield5764-10.9%$147,500$135,0009.3%
Route 4/ Wabash Avenue55550%$142,500$146,000-2.4%
Mayden Road/ Dirkson Parkway312055%$131,500$130,2501%
Route 4/ Washington Street8799-12.1%$130,000$137,000-5.1%
Devereux Heights1824-25%$110,000$103,5006.3%
Lincoln Avenue/ Fayette Avenue382181%$98,575$105,000-6.1%
Glenwood Avenue/ Fayette Avenue3748-22.9%$98,500$110,700-11%

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