From July through December of 2017, there were 31 homes sold, with a median sale price of $50,000 - a 20.5% increase over the $41,500 median sale price for the same period of the previous year. There were 32 homes sold in Arlington Heights in the second half of 2016.
The median sales tax in Arlington Heights for 2017 was $1,058. In 2016, the median sales tax was $1,024. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Arlington Heights to other Springfield neighborhood with similar median sales prices in the second half of 2017:
| Neighborhood | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 5th Street/ Griffiths Avenue | 35 | 25 | 40% | $60,000 | $53,000 | 13.2% |
| College Street/ Lawrence Avenue | 30 | 32 | -6.3% | $59,750 | $57,500 | 3.9% |
| Southern View | 15 | 12 | 25% | $55,000 | $44,000 | 25% |
| Route 97/ Walnut Street | 10 | 15 | -33.3% | $52,800 | $60,000 | -12% |
| Route 97/ 9th Street | 16 | 12 | 33.3% | $51,250 | $50,092 | 2.3% |
| Arlington Heights | 31 | 32 | -3.1% | $50,000 | $41,500 | 20.5% |
| Route 29/ Route 97 | 29 | 25 | 16% | $47,000 | $50,000 | -6% |
| 4th Street/ Cook Street | 34 | 19 | 78.9% | $43,000 | $66,000 | -34.8% |
| Grandview | 15 | 31 | -51.6% | $40,000 | $44,500 | -10.1% |
| Ash Street/ Wirt Avenue | 36 | 24 | 50% | $27,700 | $19,100 | 45% |
| Edwards Street/ 11th Street | 4 | 5 | -20% | $24,794.50 | $45,000 | -44.9% |
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