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Friday, April 19, 2024

Salisbury/ Farmingdale home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Salisbury/ Farmingdale, a Springfield neighborhood, rose by $7,000 while total sales decreased by 28%, according to BlockShopper.com.

In August 2019, there were 18 homes sold, with a median sale price of $192,000 - a 3.8% increase over the $185,000 median sale price for the same period of the previous year. There were 25 homes sold in Salisbury/ Farmingdale in August 2018.

The median sales tax in Salisbury/ Farmingdale for the most recent year with available data, 2018, was $5,117, approximately 2.7% of the median home sale price for August 2019.

The following table compares Salisbury/ Farmingdale 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)
Leland Grove37-57.1%$440,000$242,59081.4%
Salisbury/ Farmingdale1825-28%$192,000$185,0003.8%
Woodside514-64.3%$177,000$190,250-7%
Devereux Heights330%$175,000$65,000169.2%
Route 4/ Greenbriar Drive1315-13.3%$169,900$161,0005.5%
Route 4/ Washington Street921-57.1%$165,000$139,00018.7%
Route 4/ Wabash Avenue990%$153,000$135,00013.3%
Toronto/ University of Illinois at Springfield711-36.4%$152,000$137,00010.9%
College Street/ Ash Street919-52.6%$130,000$80,00062.5%
Lincoln Avenue/ Fayette Avenue16-83.3%$110,000$93,95017.1%
Glenwood Avenue/ Fayette Avenue990%$104,900$107,100-2.1%

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