From July through December of 2018, there were 30 homes sold, with a median sale price of $70,000 - a 16.7% increase over the $60,000 median sale price for the same period of the previous year. There were 35 homes sold in 5th Street/ Griffiths Avenue in the second half of 2017.
The median sales tax in 5th Street/ Griffiths Avenue for the most recent year with available data, 2017, was $1,463, approximately 2.1% of the median home sale price for the second half of 2018.
The following table compares 5th Street/ Griffiths Avenue to other Springfield neighborhood with similar median sales prices in the second half of 2018:
Neighborhood | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Stanton Street/ Stevenson Drive | 55 | 66 | -16.7% | $87,000 | $87,443.50 | -0.5% |
College Street/ Ash Street | 69 | 72 | -4.2% | $85,500 | $85,950 | -0.5% |
Jerome | 48 | 52 | -7.7% | $82,000 | $69,646.92 | 17.7% |
Route 4/ Route 97 | 56 | 55 | 1.8% | $76,250 | $89,000 | -14.3% |
Route 54/ Sangamon Ave. | 97 | 103 | -5.8% | $76,000 | $73,500 | 3.4% |
5th Street/ Griffiths Avenue | 30 | 35 | -14.3% | $70,000 | $60,000 | 16.7% |
College Street/ Lawrence Avenue | 35 | 30 | 16.7% | $65,000 | $59,750 | 8.8% |
Route 97/ Walnut Street | 17 | 10 | 70% | $60,500 | $52,800 | 14.6% |
Arlington Heights | 21 | 31 | -32.3% | $53,400 | $50,000 | 6.8% |
Southern View | 13 | 15 | -13.3% | $53,250 | $55,000 | -3.2% |
Route 29/ Route 97 | 39 | 29 | 34.5% | $52,000 | $47,000 | 10.6% |