From July through December of 2017, there were 32 homes sold, with a median sale price of $20,300 - a 12.7% decrease over the $23,250 median sale price for the same period of the previous year. There were 31 homes sold in 16th Street/ Ash Street in the second half of 2016.
The median sales tax in 16th Street/ Ash Street for 2017 was $565. In 2016, the median sales tax was $554. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.
The following table compares 16th Street/ Ash Street 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) |
|---|---|---|---|---|---|---|
| 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% |
| 16th Street/ Ash Street | 32 | 31 | 3.2% | $20,300 | $23,250 | -12.7% |
| Cook Street/ Wheeler Avenue | 14 | 18 | -22.2% | $16,000 | $15,500 | 3.2% |
| Clear Lake Avenue/ 16th Street | 15 | 9 | 66.7% | $15,000 | $24,000 | -37.5% |
| Cook Street/ 11th Street | 12 | 6 | 100% | $10,250 | $14,750 | -30.5% |
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