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Wednesday, November 27, 2024

Glenwood Avenue/ Fayette Avenue home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $8,600 while total sales increased by 21.6%, according to BlockShopper.com.

From July through December of 2018, there were 45 homes sold, with a median sale price of $107,100 - a 8.7% increase over the $98,500 median sale price for the same period of the previous year. There were 37 homes sold in Glenwood Avenue/ Fayette Avenue in the second half of 2017.

The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2017, was $2,098, approximately 2% of the median home sale price for the second half of 2018.

The following table compares Glenwood Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in the second half of 2018:

NeighborhoodJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Route 4/ Greenbriar Drive5776-25%$162,200$177,250-8.5%
Route 4/ Wabash Avenue5155-7.3%$137,000$142,500-3.9%
Toronto/ University of Illinois at Springfield5557-3.5%$135,000$147,500-8.5%
Route 4/ Washington Street8387-4.6%$133,000$130,0002.3%
Mayden Road/ Dirkson Parkway1831-41.9%$123,500$131,500-6.1%
Glenwood Avenue/ Fayette Avenue453721.6%$107,100$98,5008.7%
Devereux Heights231827.8%$99,500$110,000-9.5%
Lincoln Avenue/ Fayette Avenue39382.6%$91,000$98,575-7.7%
Stanton Street/ Stevenson Drive5566-16.7%$87,000$87,443.50-0.5%
College Street/ Ash Street6972-4.2%$85,500$85,950-0.5%
Jerome4852-7.7%$82,000$69,646.9217.7%

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