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Thursday, April 25, 2024

Southern View home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Southern View, a Springfield neighborhood, fell by $15,008 while total sales increased by 150%, according to BlockShopper.com.

In August 2019, there were five homes sold, with a median sale price of $47,000 - a 24.2% decrease over the $62,008 median sale price for the same period of the previous year. There were two homes sold in Southern View in August 2018.

The median sales tax in Southern View for the most recent year with available data, 2018, was $1,237, approximately 2.6% of the median home sale price for August 2019.

The following table compares Southern View to other Springfield neighborhood with similar median sales prices in August 2019:

NeighborhoodAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Route 54/ Sangamon Ave.1014-28.6%$79,000$96,952.71-18.5%
Arlington Heights220%$61,500$77,500-20.6%
Stanford Avenue/ Fox Bridge Road810-20%$57,250$34,00068.4%
Route 4/ Route 97990%$52,000$75,000-30.7%
Grandview27-71.4%$47,552.50$35,00035.9%
Southern View52150%$47,000$62,007.57-24.2%
4th Street/ Cook Street34-25%$42,500$34,00025%
Route 97/ Walnut Street110%$40,000$88,000-54.5%
Cook Street/ 11th Street110%$34,000$2,0001600%
Route 29/ Route 97611-45.5%$33,250$55,224.17-39.8%
Ash Street/ Wirt Avenue13-66.7%$32,500$30,0008.3%

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