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:
Neighborhood | Oct. 2021 Home Sales | Oct. 2020 Home Sales | % change (Total Home Sales) | Oct. 2021 Median Sales Price | Oct. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mayden Road/ Dirkson Parkway | 5 | 2 | 150% | $167,000 | $111,000 | 50.5% |
Route 4/ Washington Street | 14 | 6 | 133.3% | $163,750 | $132,000 | 24.1% |
Toronto/ University of Illinois at Springfield | 12 | 5 | 140% | $150,000 | $155,000 | -3.2% |
5th Street/ Griffiths Avenue | 5 | 8 | -37.5% | $127,500 | $63,500 | 100.8% |
Route 97/ Walnut Street | 2 | 2 | 0% | $116,450 | $34,000 | 242.5% |
Lincoln Avenue/ Fayette Avenue | 5 | 4 | 25% | $112,500 | $74,250 | 51.5% |
Glenwood Avenue/ Fayette Avenue | 11 | 8 | 37.5% | $100,000 | $155,875 | -35.8% |
4th Street/ Cook Street | 1 | 5 | -80% | $100,000 | $73,500 | 36.1% |
Grandview | 1 | 4 | -75% | $95,000 | $60,000 | 58.3% |
Stanton Street/ Stevenson Drive | 4 | 6 | -33.3% | $85,000 | $101,200 | -16% |
College Street/ Lawrence Avenue | 6 | 1 | 500% | $82,500 | $80,000 | 3.1% |