From January through December of 2017, there were 25 homes sold, with a median sale price of $20,000 - a 9.1% decrease over the $22,000 median sale price for the previous year. There were 16 homes sold in Clear Lake Avenue/ 16th Street in 2016.
The median sales tax in Clear Lake Avenue/ 16th Street for 2017 was $599. In 2016, the median sales tax was $587. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.
The following table compares Clear Lake Avenue/ 16th Street to other Springfield neighborhood with similar median sales prices in 2017:
| Neighborhood | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 4th Street/ Cook Street | 56 | 42 | 33.3% | $45,950 | $49,150 | -6.5% |
| Route 97/ 9th Street | 39 | 20 | 95% | $45,000 | $54,000 | -16.7% |
| Grandview | 44 | 50 | -12% | $43,000 | $47,500 | -9.5% |
| Route 29/ Route 97 | 68 | 52 | 30.8% | $41,750 | $47,250 | -11.6% |
| Arlington Heights | 64 | 47 | 36.2% | $41,597.50 | $39,000 | 6.7% |
| Edwards Street/ 11th Street | 10 | 10 | 0% | $29,375 | $28,492.50 | 3.1% |
| Ash Street/ Wirt Avenue | 61 | 43 | 41.9% | $28,000 | $20,000 | 40% |
| 16th Street/ Ash Street | 57 | 52 | 9.6% | $21,000 | $19,500 | 7.7% |
| Clear Lake Avenue/ 16th Street | 25 | 16 | 56.3% | $20,000 | $22,000 | -9.1% |
| Cook Street/ Wheeler Avenue | 30 | 38 | -21.1% | $19,550 | $18,300 | 6.8% |
| Cook Street/ 11th Street | 17 | 15 | 13.3% | $9,500 | $10,500 | -9.5% |
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