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Monday, July 14, 2025

The fourth quarter of 2021: 5th Street/ Griffiths Avenue experienced a 22.1% increase in median home prices

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The median sale price of a home sold in the fourth quarter of 2021 in 5th Street/ Griffiths Avenue, a Springfield neighborhood, rose by $14,500 while total sales remained unchanged with 19 homes sold, according to BlockShopper.com.

From October through December of 2021, there were 19 homes sold, with a median sale price of $80,000 - a 22.1% increase over the $65,500 median sale price for the same period of the previous year. There were 19 homes sold in 5th Street/ Griffiths Avenue in the fourth quarter of 2020, as well.

The median sales tax in 5th Street/ Griffiths Avenue for the most recent year with available data, 2019, was $1,565, approximately 2% of the median home sale price for the fourth quarter of 2021.

The following table compares 5th Street/ Griffiths Avenue to other Springfield neighborhood with similar median sale prices in the fourth quarter of 2021:

NeighborhoodOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Route 4/ Route 971719-10.5%$95,000$105,000-9.5%
College Street/ Lawrence Avenue12933.3%$87,712$77,00013.9%
Jerome251747.1%$82,900$82,0001.1%
College Street/ Ash Street321877.8%$82,500$101,500-18.7%
Route 54/ Sangamon Ave.372737%$82,000$87,500-6.3%
5th Street/ Griffiths Avenue19190%$80,000$65,50022.1%
Stanford Avenue/ Fox Bridge Road1315-13.3%$80,000$51,00056.9%
Grandview7540%$75,000$60,00025%
Route 29/ Route 97141216.7%$64,500$47,75035.1%
Edwards Street/ 11th Street10-$64,000$0-
4th Street/ Cook Street911-18.2%$59,500$51,00016.7%

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