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Monday, July 14, 2025

Home prices increased in Lincoln Avenue/ Fayette Avenue during 2021

Webp realestate2

The median sale price of a home sold in 2021 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $11,800 while total sales increased by 91.7%, according to BlockShopper.com.

From January through December of 2021, there were 69 homes sold, with a median sale price of $110,000 - a 12% increase over the $98,200 median sale price for the previous year. There were 36 homes sold in Lincoln Avenue/ Fayette Avenue in 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 2021.

The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sale prices in 2021:

NeighborhoodJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Route 4/ Greenbriar Drive977922.8%$205,000$174,90017.2%
Route 4/ Wabash Avenue92867%$161,000$155,0003.9%
Mayden Road/ Dirkson Parkway3844-13.6%$152,700$134,50013.5%
Toronto/ University of Illinois at Springfield977234.7%$150,000$147,5001.7%
Route 4/ Washington Street13410330.1%$150,000$135,00011.1%
Lincoln Avenue/ Fayette Avenue693691.7%$110,000$98,20012%
Stanton Street/ Stevenson Drive836822.1%$107,900$91,75017.6%
Route 4/ Route 976667-1.5%$100,000$92,0008.7%
Glenwood Avenue/ Fayette Avenue825939%$98,500$102,000-3.4%
Jerome10251100%$92,500$80,00015.6%
Devereux Heights261844.4%$89,250$83,5006.9%

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