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Tuesday, November 26, 2024

Arlington Heights 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 Arlington Heights, a Springfield neighborhood, rose by $3,400 while total sales decreased by 32.3%, according to BlockShopper.com.

From July through December of 2018, there were 21 homes sold, with a median sale price of $53,400 - a 6.8% increase over the $50,000 median sale price for the same period of the previous year. There were 31 homes sold in Arlington Heights in the second half of 2017.

The median sales tax in Arlington Heights for the most recent year with available data, 2017, was $1,058, approximately 2% of the median home sale price for the second half of 2018.

The following table compares Arlington 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/ 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%
Route 29/ Route 97392934.5%$52,000$47,00010.6%
Grandview3115106.7%$46,000$40,00015%
Stanford Avenue/ Fox Bridge Road4143-4.7%$42,400$62,500-32.2%
4th Street/ Cook Street2434-29.4%$41,000$43,000-4.7%

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