In September 2021, there were five homes sold, with a median sale price of $100,000 - a 15.3% decrease over the $118,000 median sale price for the same period of the previous year. There were three homes sold in Lincoln Avenue/ Fayette Avenue in September 2020.
The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2019, was $2,461, approximately 2.5% of the median home sale price for September 2021.
The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sale prices in September 2021:
Neighborhood | Sept. 2021 Home Sales | Sept. 2020 Home Sales | % change (Total Home Sales) | Sept. 2021 Median Sales Price | Sept. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Leland Grove | 6 | 3 | 100% | $178,500 | $210,000 | -15% |
Route 4/ Washington Street | 6 | 9 | -33.3% | $149,950 | $153,500 | -2.3% |
Stanton Street/ Stevenson Drive | 7 | 4 | 75% | $117,000 | $55,500 | 110.8% |
Route 54/ Sangamon Ave. | 17 | 3 | 466.7% | $109,900 | $30,000 | 266.3% |
Jerome | 7 | 5 | 40% | $101,012 | $72,000 | 40.3% |
Lincoln Avenue/ Fayette Avenue | 5 | 3 | 66.7% | $100,000 | $118,000 | -15.3% |
Route 4/ Route 97 | 5 | 8 | -37.5% | $90,000 | $119,500 | -24.7% |
College Street/ Ash Street | 9 | 3 | 200% | $87,000 | $115,000 | -24.3% |
Arlington Heights | 6 | 2 | 200% | $85,200 | $26,000 | 227.7% |
4th Street/ Cook Street | 7 | 3 | 133.3% | $83,500 | $83,000 | 0.6% |
Grandview | 3 | 0 | - | $81,700 | $0 | - |