From January through December of 2017, there were 81 homes sold, with a median sale price of $63,000 - a 17.8% increase over the $53,500 median sale price for the previous year. There were 57 homes sold in 5th Street/ Griffiths Avenue in 2016.
The median sales tax in 5th Street/ Griffiths Avenue for 2017 was $1,463. In 2016, the median sales tax was $1,457. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.
The following table compares 5th Street/ Griffiths Avenue 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) |
|---|---|---|---|---|---|---|
| Route 4/ Route 97 | 106 | 111 | -4.5% | $89,950 | $88,000 | 2.2% |
| Stanton Street/ Stevenson Drive | 120 | 108 | 11.1% | $87,500 | $86,450 | 1.2% |
| College Street/ Ash Street | 138 | 113 | 22.1% | $80,750 | $97,500 | -17.2% |
| Route 54/ Sangamon Ave. | 175 | 186 | -5.9% | $73,000 | $75,500 | -3.3% |
| Jerome | 113 | 125 | -9.6% | $69,483.83 | $78,000 | -10.9% |
| 5th Street/ Griffiths Avenue | 81 | 57 | 42.1% | $63,000 | $53,500 | 17.8% |
| College Street/ Lawrence Avenue | 56 | 62 | -9.7% | $57,600 | $52,750 | 9.2% |
| Route 97/ Walnut Street | 29 | 31 | -6.5% | $55,600 | $56,500 | -1.6% |
| Stanford Avenue/ Fox Bridge Road | 86 | 68 | 26.5% | $52,500 | $49,350 | 6.4% |
| 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% |
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