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Saturday, October 11, 2025

January 2022: Lincoln Avenue/ Fayette Avenue experienced a 12.6% increase in median home prices

Webp realestate1

The median sale price of a home sold in January 2022 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $13,375 while total sales decreased by 33.3%, according to BlockShopper.com.

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:

NeighborhoodJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Mayden Road/ Dirkson Parkway220%$174,950$111,45057%
Toronto/ University of Illinois at Springfield105100%$165,662$150,00010.4%
Route 4/ Washington Street7475%$151,500$145,5004.1%
Glenwood Avenue/ Fayette Avenue440%$151,000$111,20035.8%
Route 4/ Route 9742100%$142,000$98,45044.2%
Lincoln Avenue/ Fayette Avenue23-33.3%$119,275$105,90012.6%
Route 97/ Walnut Street110%$100,000$88,50013%
4th Street/ Cook Street24-50%$84,950$76,50011%
Stanton Street/ Stevenson Drive81700%$77,500$136,000-43%
Route 54/ Sangamon Ave.12119.1%$77,200$78,500-1.7%
Route 29/ Route 9745-20%$76,250$37,000106.1%

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