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Friday, April 19, 2024

Salisbury/ Farmingdale home prices rise in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Salisbury/ Farmingdale, a Springfield neighborhood, rose by $9,050 while total sales increased by 1.8%, according to BlockShopper.com.

From January through June of 2019, there were 116 homes sold, with a median sale price of $225,750 - a 4.2% increase over the $216,700 median sale price for the same period of the previous year. There were 114 homes sold in Salisbury/ Farmingdale in the first half of 2018.

The median sales tax in Salisbury/ Farmingdale for the most recent year with available data, 2017, was $4,582, approximately 2% of the median home sale price for the first half of 2019.

The following table compares Salisbury/ Farmingdale to other Springfield neighborhood with similar median sales prices in the first half of 2019:

NeighborhoodJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale1161141.8%$225,750$216,7004.2%
Woodside5360-11.7%$189,900$188,0001%
Leland Grove2938-23.7%$173,000$166,0004.2%
Route 4/ Greenbriar Drive825354.7%$172,500$188,000-8.2%
Route 4/ Wabash Avenue5863-7.9%$152,750$142,9006.9%
Toronto/ University of Illinois at Springfield554717%$144,000$137,0005.1%
Route 4/ Washington Street886535.4%$128,000$122,0004.9%
Mayden Road/ Dirkson Parkway2630-13.3%$127,750$137,200-6.9%
Lincoln Avenue/ Fayette Avenue2739-30.8%$108,000$92,835.2016.3%
Glenwood Avenue/ Fayette Avenue3436-5.6%$93,750$86,7508.1%
Stanton Street/ Stevenson Drive4849-2%$88,329.71$95,000-7%

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