In January 2022, there were two homes sold, with a median sale price of $119,275 - a 12.6% increase over the $105,900 median sale price for the same period of the previous year. There were three homes sold in Lincoln Avenue/ Fayette Avenue in January 2021.
The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2019, was $2,461, approximately 2.1% of the median home sale price for January 2022.
The following table compares Lincoln Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sale prices in January 2022:
Neighborhood | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mayden Road/ Dirkson Parkway | 2 | 2 | 0% | $174,950 | $111,450 | 57% |
Toronto/ University of Illinois at Springfield | 10 | 5 | 100% | $165,662 | $150,000 | 10.4% |
Route 4/ Washington Street | 7 | 4 | 75% | $151,500 | $145,500 | 4.1% |
Glenwood Avenue/ Fayette Avenue | 4 | 4 | 0% | $151,000 | $111,200 | 35.8% |
Route 4/ Route 97 | 4 | 2 | 100% | $142,000 | $98,450 | 44.2% |
Lincoln Avenue/ Fayette Avenue | 2 | 3 | -33.3% | $119,275 | $105,900 | 12.6% |
Route 97/ Walnut Street | 1 | 1 | 0% | $100,000 | $88,500 | 13% |
4th Street/ Cook Street | 2 | 4 | -50% | $84,950 | $76,500 | 11% |
Stanton Street/ Stevenson Drive | 8 | 1 | 700% | $77,500 | $136,000 | -43% |
Route 54/ Sangamon Ave. | 12 | 11 | 9.1% | $77,200 | $78,500 | -1.7% |
Route 29/ Route 97 | 4 | 5 | -20% | $76,250 | $37,000 | 106.1% |