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Wednesday, November 27, 2024

Arlington Heights home prices rise in 2018

Realestate5

The median sale price of a home sold in 2018 in Arlington Heights, a Springfield neighborhood, rose by $10,403 while total sales decreased by 23.4%, according to BlockShopper.com.

From January through December of 2018, there were 49 homes sold, with a median sale price of $52,000 - a 25% increase over the $41,598 median sale price for the previous year. There were 64 homes sold in Arlington Heights in 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 2018.

The following table compares Arlington Heights to other Springfield neighborhood with similar median sales prices in 2018:

NeighborhoodJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
College Street/ Lawrence Avenue625610.7%$64,750$57,60012.4%
5th Street/ Griffiths Avenue6081-25.9%$64,000$63,0001.6%
Route 97/ Walnut Street2829-3.4%$60,250$55,6008.4%
4th Street/ Cook Street5556-1.8%$55,000$45,95019.7%
Stanford Avenue/ Fox Bridge Road8186-5.8%$54,500$52,5003.8%
Arlington Heights4964-23.4%$52,000$41,597.5025%
Route 29/ Route 97756810.3%$45,000$41,7507.8%
Southern View2638-31.6%$41,100$50,772.90-19.1%
Grandview594434.1%$40,000$43,000-7%
Route 97/ 9th Street3139-20.5%$37,900$45,000-15.8%
Ash Street/ Wirt Avenue4761-23%$31,000$28,00010.7%

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