From October through December of 2021, there were 37 homes sold, with a median sale price of $82,000 - a 6.3% decrease over the $87,500 median sale price for the same period of the previous year. There were 27 homes sold in Route 54/ Sangamon Ave. in the fourth quarter of 2020.
The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2019, was $1,826, approximately 2.2% of the median home sale price for the fourth quarter of 2021.
The following table compares Route 54/ Sangamon Ave. to other Springfield neighborhood with similar median sale prices in the fourth quarter of 2021:
Neighborhood | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Glenwood Avenue/ Fayette Avenue | 26 | 16 | 62.5% | $98,500 | $139,750 | -29.5% |
Route 4/ Route 97 | 17 | 19 | -10.5% | $95,000 | $105,000 | -9.5% |
College Street/ Lawrence Avenue | 12 | 9 | 33.3% | $87,712 | $77,000 | 13.9% |
Jerome | 25 | 17 | 47.1% | $82,900 | $82,000 | 1.1% |
College Street/ Ash Street | 32 | 18 | 77.8% | $82,500 | $101,500 | -18.7% |
Route 54/ Sangamon Ave. | 37 | 27 | 37% | $82,000 | $87,500 | -6.3% |
5th Street/ Griffiths Avenue | 19 | 19 | 0% | $80,000 | $65,500 | 22.1% |
Stanford Avenue/ Fox Bridge Road | 13 | 15 | -13.3% | $80,000 | $51,000 | 56.9% |
Grandview | 7 | 5 | 40% | $75,000 | $60,000 | 25% |
Route 29/ Route 97 | 14 | 12 | 16.7% | $64,500 | $47,750 | 35.1% |
Edwards Street/ 11th Street | 1 | 0 | - | $64,000 | $0 | - |