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Thursday, December 5, 2019

Leland Grove home prices rise in the first half of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019

Re 2

The median sale price of a home sold in the first half of 2019 in Leland Grove, a Springfield neighborhood, rose by $7,000 while total sales decreased by 23.7%, according to BlockShopper.com.

From January through June of 2019, there were 29 homes sold, with a median sale price of $173,000 - a 4.2% increase over the $166,000 median sale price for the same period of the previous year. There were 38 homes sold in Leland Grove in the first half of 2018.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 2.3% of the median home sale price for the first half of 2019.

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

Neighborhood
Jan. - June 2019 Home Sales
Jan. - June 2018 Home Sales
% change (Total Home Sales)
Jan. - June 2019 Median Sales Price
Jan. - June 2018 Median Sales Price
% change (Median Sales Price)
Salisbury/ Farmingdale
116
114
1.8%
$225,750
$216,700
4.2%
Woodside
53
60
-11.7%
$189,900
$188,000
1%
Leland Grove
29
38
-23.7%
$173,000
$166,000
4.2%
Route 4/ Greenbriar Drive
82
53
54.7%
$172,500
$188,000
-8.2%
Route 4/ Wabash Avenue
58
63
-7.9%
$152,750
$142,900
6.9%
Toronto/ University of Illinois at Springfield
55
47
17%
$144,000
$137,000
5.1%
Route 4/ Washington Street
88
65
35.4%
$128,000
$122,000
4.9%
Mayden Road/ Dirkson Parkway
26
30
-13.3%
$127,750
$137,200
-6.9%
Lincoln Avenue/ Fayette Avenue
27
39
-30.8%
$108,000
$92,835.20
16.3%
Glenwood Avenue/ Fayette Avenue
34
36
-5.6%
$93,750
$86,750
8.1%
Stanton Street/ Stevenson Drive
48
49
-2%
$88,329.71
$95,000
-7%

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