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Wednesday, November 27, 2024

February 2021: College Street/ Ash Street experienced a 28.1% drop in median home prices

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The median sale price of a home sold in February 2021 in College Street/ Ash Street, a Springfield neighborhood, fell by $31,200 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In February 2021, there were three homes sold, with a median sale price of $80,000 - a 28.1% decrease over the $111,200 median sale price for the same period of the previous year. There were three homes sold in College Street/ Ash Street in February 2020, as well.

The median sales tax in College Street/ Ash Street for the most recent year with available data, 2019, was $2,273, approximately 2.8% of the median home sale price for February 2021.

The following table compares College Street/ Ash Street to other Springfield neighborhood with similar median sale prices in February 2021:

NeighborhoodFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Stanton Street/ Stevenson Drive89-11.1%$98,750$69,90041.3%
Devereux Heights21100%$97,500$88,00010.8%
Jerome73133.3%$91,500$75,00022%
Route 54/ Sangamon Ave.11110%$86,000$88,000-2.3%
Route 97/ Walnut Street110%$81,500$40,000103.8%
College Street/ Ash Street330%$80,000$111,200-28.1%
Glenwood Avenue/ Fayette Avenue45-20%$54,100$35,00554.5%
Stanford Avenue/ Fox Bridge Road6520%$53,250$45,00018.3%
5th Street/ Griffiths Avenue45-20%$50,750$73,500-31%
Route 97/ 9th Street12-50%$50,000$82,450-39.4%
Grandview13-66.7%$45,000$70,000-35.7%

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