From January through December of 2017, there were 64 homes sold, with a median sale price of $41,598 - a 6.7% increase over the $39,000 median sale price for the previous year. There were 47 homes sold in Arlington Heights in 2016.
The median sales tax in Arlington Heights for 2017 was $1,058. In 2016, the median sales tax was $1,024. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Arlington Heights 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) |
---|---|---|---|---|---|---|
Southern View | 38 | 27 | 40.7% | $50,772.90 | $61,000 | -16.8% |
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% |