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Tuesday, July 22, 2025

October 2021: Lincoln Avenue/ Fayette Avenue experienced a 51.5% increase in median home prices

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The median sale price of a home sold in October 2021 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $38,250 while total sales increased by 25%, according to BlockShopper.com.

In October 2021, there were five homes sold, with a median sale price of $112,500 - a 51.5% increase over the $74,250 median sale price for the same period of the previous year. There were four homes sold in Lincoln Avenue/ Fayette Avenue in October 2020.

The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2019, was $2,461, approximately 2.2% of the median home sale price for October 2021.

The following table compares Lincoln Avenue/ Fayette Avenue 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)
Mayden Road/ Dirkson Parkway52150%$167,000$111,00050.5%
Route 4/ Washington Street146133.3%$163,750$132,00024.1%
Toronto/ University of Illinois at Springfield125140%$150,000$155,000-3.2%
5th Street/ Griffiths Avenue58-37.5%$127,500$63,500100.8%
Route 97/ Walnut Street220%$116,450$34,000242.5%
Lincoln Avenue/ Fayette Avenue5425%$112,500$74,25051.5%
Glenwood Avenue/ Fayette Avenue11837.5%$100,000$155,875-35.8%
4th Street/ Cook Street15-80%$100,000$73,50036.1%
Grandview14-75%$95,000$60,00058.3%
Stanton Street/ Stevenson Drive46-33.3%$85,000$101,200-16%
College Street/ Lawrence Avenue61500%$82,500$80,0003.1%

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