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Tuesday, July 29, 2025

Route 97/ 9th Street home prices rise in the second half of 2017

Re 11

The median sale price of a home sold in the second half of 2017 in Route 97/ 9th Street, a Springfield neighborhood, rose by $1,158 while total sales increased by 33.3%, according to BlockShopper.com.

From July through December of 2017, there were 16 homes sold, with a median sale price of $51,250 - a 2.3% increase over the $50,092 median sale price for the same period of the previous year. There were 12 homes sold in Route 97/ 9th Street in the second half of 2016.

The median sales tax in Route 97/ 9th Street for 2017 was $797. In 2016, the median sales tax was $819. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Route 97/ 9th Street 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)
Stanford Avenue/ Fox Bridge Road433330.3%$62,500$48,00030.2%
5th Street/ Griffiths Avenue352540%$60,000$53,00013.2%
College Street/ Lawrence Avenue3032-6.3%$59,750$57,5003.9%
Southern View151225%$55,000$44,00025%
Route 97/ Walnut Street1015-33.3%$52,800$60,000-12%
Route 97/ 9th Street161233.3%$51,250$50,0922.3%
Arlington Heights3132-3.1%$50,000$41,50020.5%
Route 29/ Route 97292516%$47,000$50,000-6%
4th Street/ Cook Street341978.9%$43,000$66,000-34.8%
Grandview1531-51.6%$40,000$44,500-10.1%
Ash Street/ Wirt Avenue362450%$27,700$19,10045%

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