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Wednesday, November 27, 2024

Southern View median home prices rose by 198.2% in February 2021

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The median sale price of a home sold in February 2021 in Southern View, a Springfield neighborhood, rose by $66,400 while total sales decreased by 57.1%, according to BlockShopper.com.

In February 2021, there were three homes sold, with a median sale price of $99,900 - a 198.2% increase over the $33,500 median sale price for the same period of the previous year. There were seven homes sold in Southern View in February 2020.

The median sales tax in Southern View for the most recent year with available data, 2019, was $1,265, approximately 1.3% of the median home sale price for February 2021.

The following table compares Southern View 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)
Toronto/ University of Illinois at Springfield48-50%$141,750$141,5000.2%
Route 4/ Wabash Avenue440%$134,875$159,000-15.2%
Route 4/ Route 9757-28.6%$125,000$63,75096.1%
4th Street/ Cook Street26-66.7%$110,500$45,000145.6%
Lincoln Avenue/ Fayette Avenue51400%$102,500$103,500-1%
Southern View37-57.1%$99,900$33,500198.2%
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%

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