From July through September of 2021, there were 18 homes sold, with a median sale price of $115,000 - a 5.7% decrease over the $122,000 median sale price for the same period of the previous year. There were seven homes sold in Lincoln Avenue/ Fayette Avenue in the third quarter of 2020.
The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2019, was $2,461, approximately 2.1% of the median home sale price for the third quarter of 2021.
The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sale prices in the third quarter of 2021:
| Neighborhood | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Toronto/ University of Illinois at Springfield | 30 | 20 | 50% | $165,000 | $149,500 | 10.4% |
| Route 4/ Wabash Avenue | 25 | 18 | 38.9% | $163,200 | $161,250 | 1.2% |
| Route 4/ Washington Street | 36 | 33 | 9.1% | $157,587.50 | $135,000 | 16.7% |
| Mayden Road/ Dirkson Parkway | 9 | 17 | -47.1% | $153,400 | $138,000 | 11.2% |
| Stanton Street/ Stevenson Drive | 19 | 16 | 18.8% | $117,000 | $98,750 | 18.5% |
| Lincoln Avenue/ Fayette Avenue | 18 | 7 | 157.1% | $115,000 | $122,000 | -5.7% |
| College Street/ Ash Street | 37 | 12 | 208.3% | $107,900 | $87,700 | 23% |
| Route 54/ Sangamon Ave. | 34 | 23 | 47.8% | $104,400 | $76,000 | 37.4% |
| Glenwood Avenue/ Fayette Avenue | 21 | 13 | 61.5% | $103,000 | $119,900 | -14.1% |
| Jerome | 27 | 7 | 285.7% | $101,012 | $69,000 | 46.4% |
| Route 4/ Route 97 | 21 | 15 | 40% | $95,000 | $127,000 | -25.2% |
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