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Sangamon Sun

Wednesday, November 27, 2024

Route 54/ Sangamon Ave. 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 Route 54/ Sangamon Ave., a Springfield neighborhood, rose by $2,500 while total sales decreased by 5.8%, according to BlockShopper.com.

From July through December of 2018, there were 97 homes sold, with a median sale price of $76,000 - a 3.4% increase over the $73,500 median sale price for the same period of the previous year. There were 103 homes sold in Route 54/ Sangamon Ave. in the second half of 2017.

The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2017, was $1,664, approximately 2.2% of the median home sale price for the second half of 2018.

The following table compares Route 54/ Sangamon Ave. 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)
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%
Route 54/ Sangamon Ave.97103-5.8%$76,000$73,5003.4%
5th Street/ Griffiths Avenue3035-14.3%$70,000$60,00016.7%
College Street/ Lawrence Avenue353016.7%$65,000$59,7508.8%
Route 97/ Walnut Street171070%$60,500$52,80014.6%
Arlington Heights2131-32.3%$53,400$50,0006.8%
Southern View1315-13.3%$53,250$55,000-3.2%

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