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Saturday, August 2, 2025

July 2021: Route 54/ Sangamon Ave. experienced a 51.3% increase in median home prices

Webp re 13

The median sale price of a home sold in July 2021 in Route 54/ Sangamon Ave., a Springfield neighborhood, rose by $39,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In July 2021, there were seven homes sold, with a median sale price of $115,000 - a 51.3% increase over the $76,000 median sale price for the same period of the previous year. There were seven homes sold in Route 54/ Sangamon Ave. in July 2020, as well.

The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2019, was $1,826, approximately 1.6% of the median home sale price for July 2021.

The following table compares Route 54/ Sangamon Ave. to other Springfield neighborhood with similar median sale prices in July 2021:

NeighborhoodJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Stanton Street/ Stevenson Drive5425%$129,000$123,2504.7%
Jerome60-$120,000$0-
College Street/ Ash Street153400%$120,000$94,90026.4%
Route 4/ Route 9783166.7%$119,000$158,000-24.7%
Lincoln Avenue/ Fayette Avenue91800%$115,000$127,500-9.8%
Route 54/ Sangamon Ave.770%$115,000$76,00051.3%
Glenwood Avenue/ Fayette Avenue94125%$103,000$122,450-15.9%
College Street/ Lawrence Avenue4333.3%$100,500$37,500168%
Route 29/ Route 9723-33.3%$96,500$31,000211.3%
5th Street/ Griffiths Avenue660%$94,000$84,50011.2%
Stanford Avenue/ Fox Bridge Road58-37.5%$78,600$34,925125.1%

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