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Wednesday, November 27, 2024

What happened to the median home price in Woodside during February 2021?

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The median sale price of a home sold in February 2021 in Woodside, a Springfield neighborhood, fell by $20,000 while total sales decreased by 50%, according to BlockShopper.com.

In February 2021, there were two homes sold, with a median sale price of $150,000 - a 11.8% decrease over the $170,000 median sale price for the same period of the previous year. There were four homes sold in Woodside in February 2020.

The median sales tax in Woodside for the most recent year with available data, 2019, was $4,990, approximately 3.3% of the median home sale price for February 2021.

The following table compares Woodside 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)
Salisbury/ Farmingdale610-40%$234,500$221,5255.9%
Leland Grove440%$229,500$220,0004.3%
Route 4/ Greenbriar Drive8714.3%$210,500$174,90020.4%
Route 4/ Washington Street6450%$170,000$134,00026.9%
Woodside24-50%$150,000$170,000-11.8%
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%

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