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Monday, July 21, 2025

Falling home prices in College Street/ Ash Street in October 2021

Webp re 7

The median sale price of a home sold in October 2021 in College Street/ Ash Street, a Springfield neighborhood, fell by $54,500 while total sales increased by 16.7%, according to BlockShopper.com.

In October 2021, there were seven homes sold, with a median sale price of $60,000 - a 47.6% decrease over the $114,500 median sale price for the same period of the previous year. There were six homes sold in College Street/ Ash Street in October 2020.

The median sales tax in College Street/ Ash Street for the most recent year with available data, 2019, was $2,273, approximately 3.8% of the median home sale price for October 2021.

The following table compares College Street/ Ash Street to other Springfield neighborhood with similar median sale prices in October 2021:

NeighborhoodOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
College Street/ Lawrence Avenue61500%$82,500$80,0003.1%
Stanford Avenue/ Fox Bridge Road47-42.9%$79,450$35,000127%
Jerome7475%$77,000$77,450-0.6%
Route 54/ Sangamon Ave.171070%$75,001$92,250-18.7%
Route 4/ Route 9745-20%$67,500$92,000-26.6%
College Street/ Ash Street7616.7%$60,000$114,500-47.6%
Route 29/ Route 977475%$35,000$73,500-52.4%
Devereux Heights21100%$30,600$265,000-88.5%
Arlington Heights5366.7%$30,000$78,600-61.8%
Southern View12-50%$30,000$52,750.50-43.1%
Clear Lake Avenue/ 16th Street23-33.3%$20,000$19,2503.9%

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