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Wednesday, November 27, 2024

Devereux Heights home prices fall 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 Devereux Heights, a Springfield neighborhood, fell by $10,500 while total sales increased by 27.8%, according to BlockShopper.com.

From July through December of 2018, there were 23 homes sold, with a median sale price of $99,500 - a 9.5% decrease over the $110,000 median sale price for the same period of the previous year. There were 18 homes sold in Devereux Heights in the second half of 2017.

The median sales tax in Devereux Heights for the most recent year with available data, 2017, was $1,518, approximately 1.5% of the median home sale price for the second half of 2018.

The following table compares Devereux Heights 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/ 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%
Route 4/ Route 9756551.8%$76,250$89,000-14.3%

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