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Wednesday, November 27, 2024

College Street/ Lawrence Avenue home prices rise in 2018

Realestate4

The median sale price of a home sold in 2018 in College Street/ Lawrence Avenue, a Springfield neighborhood, rose by $7,150 while total sales increased by 10.7%, according to BlockShopper.com.

From January through December of 2018, there were 62 homes sold, with a median sale price of $64,750 - a 12.4% increase over the $57,600 median sale price for the previous year. There were 56 homes sold in College Street/ Lawrence Avenue in 2017.

The median sales tax in College Street/ Lawrence Avenue for the most recent year with available data, 2017, was $1,532, approximately 2.4% of the median home sale price for 2018.

The following table compares College Street/ Lawrence Avenue 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/ Ash Street122138-11.6%$85,125$80,7505.4%
Route 4/ Route 971101063.8%$83,500$89,950-7.2%
Devereux Heights413036.7%$81,250$105,305.26-22.8%
Jerome95113-15.9%$76,500$69,483.8310.1%
Route 54/ Sangamon Ave.1831754.6%$72,000$73,000-1.4%
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%

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