In July 2021, there were nine homes sold, with a median sale price of $103,000 - a 15.9% decrease over the $122,450 median sale price for the same period of the previous year. There were four homes sold in Glenwood Avenue/ Fayette Avenue in July 2020.
The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2019, was $2,354, approximately 2.3% of the median home sale price for July 2021.
The following table compares Glenwood Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sale prices in July 2021:
Neighborhood | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Jerome | 6 | 0 | - | $120,000 | $0 | - |
College Street/ Ash Street | 15 | 3 | 400% | $120,000 | $94,900 | 26.4% |
Route 4/ Route 97 | 8 | 3 | 166.7% | $119,000 | $158,000 | -24.7% |
Lincoln Avenue/ Fayette Avenue | 9 | 1 | 800% | $115,000 | $127,500 | -9.8% |
Route 54/ Sangamon Ave. | 7 | 7 | 0% | $115,000 | $76,000 | 51.3% |
Glenwood Avenue/ Fayette Avenue | 9 | 4 | 125% | $103,000 | $122,450 | -15.9% |
College Street/ Lawrence Avenue | 4 | 3 | 33.3% | $100,500 | $37,500 | 168% |
Route 29/ Route 97 | 2 | 3 | -33.3% | $96,500 | $31,000 | 211.3% |
5th Street/ Griffiths Avenue | 6 | 6 | 0% | $94,000 | $84,500 | 11.2% |
Stanford Avenue/ Fox Bridge Road | 5 | 8 | -37.5% | $78,600 | $34,925 | 125.1% |
Southern View | 5 | 3 | 66.7% | $66,500 | $60,000 | 10.8% |