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Thursday, July 31, 2025

Salisbury/ Farmingdale home prices fall in 2017

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The median sale price of a home sold in 2017 in Salisbury/ Farmingdale, a Springfield neighborhood, fell by $7,051 while total sales increased by 5.7%, according to BlockShopper.com.

From January through December of 2017, there were 243 homes sold, with a median sale price of $215,900 - a 3.2% decrease over the $222,951 median sale price for the previous year. There were 230 homes sold in Salisbury/ Farmingdale in 2016.

The median sales tax in Salisbury/ Farmingdale for 2017 was $4,582. In 2016, the median sales tax was $4,913. This marks an decrease of 6.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Salisbury/ Farmingdale to other Springfield neighborhood with similar median sales prices in 2017:

NeighborhoodJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale2432305.7%$215,900$222,951-3.2%
Woodside116133-12.8%$195,438.06$189,0003.4%
Leland Grove695819%$176,000$149,45017.8%
Route 4/ Greenbriar Drive147153-3.9%$168,000$188,000-10.6%
Toronto/ University of Illinois at Springfield1071060.9%$145,500$132,25010%
Route 4/ Wabash Avenue1101036.8%$145,127.50$142,0002.2%
Route 4/ Washington Street178186-4.3%$135,000$130,5003.4%
Mayden Road/ Dirkson Parkway573183.9%$123,000$128,000-3.9%
Devereux Heights3045-33.3%$105,305.26$104,0001.3%
Lincoln Avenue/ Fayette Avenue815644.6%$95,000$101,000-5.9%
Glenwood Avenue/ Fayette Avenue77744.1%$94,000$104,500-10%

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