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Wednesday, November 27, 2024

Salisbury/ Farmingdale home prices fall in 2018

Realestate4

The median sale price of a home sold in 2018 in Salisbury/ Farmingdale, a Springfield neighborhood, fell by $10,900 while total sales increased by 5.3%, according to BlockShopper.com.

From January through December of 2018, there were 256 homes sold, with a median sale price of $205,000 - a 5% decrease over the $215,900 median sale price for the previous year. There were 243 homes sold in Salisbury/ Farmingdale in 2017.

The median sales tax in Salisbury/ Farmingdale for the most recent year with available data, 2017, was $4,582, approximately 2.2% of the median home sale price for 2018.

The following table compares Salisbury/ Farmingdale 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)
Salisbury/ Farmingdale2562435.3%$205,000$215,900-5%
Woodside107116-7.8%$183,000$195,438.06-6.4%
Route 4/ Greenbriar Drive110147-25.2%$175,000$168,0004.2%
Leland Grove69690%$169,900$176,000-3.5%
Route 4/ Wabash Avenue1141103.6%$141,450$145,127.50-2.5%
Toronto/ University of Illinois at Springfield102107-4.7%$136,750$145,500-6%
Mayden Road/ Dirkson Parkway4857-15.8%$135,316$123,00010%
Route 4/ Washington Street148178-16.9%$128,000$135,000-5.2%
Glenwood Avenue/ Fayette Avenue81775.2%$102,000$94,0008.5%
Lincoln Avenue/ Fayette Avenue7881-3.7%$91,416$95,000-3.8%
Stanton Street/ Stevenson Drive104120-13.3%$91,000$87,5004%

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