Grandview home prices fall in the second quarter of 2020

Medium re 4

The median sale price of a home sold in the second quarter of 2020 in Grandview, a Springfield neighborhood, fell by $6,250 while total sales decreased by 43.8%, according to BlockShopper.com.

From April through June of 2020, there were nine homes sold, with a median sale price of $40,000 - a 13.5% decrease over the $46,250 median sale price for the same period of the previous year. There were 16 homes sold in Grandview in the second quarter of 2019.

The median sales tax in Grandview for the most recent year with available data, 2018, was $1,029, approximately 2.6% of the median home sale price for the second quarter of 2020.

The following table compares Grandview to other Springfield neighborhood with similar median sales prices in the second quarter of 2020:

NeighborhoodApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Route 29/ Route 9758-37.5%$60,000$32,50084.6%
Route 97/ Walnut Street210-80%$58,500$48,50020.6%
4th Street/ Cook Street810-20%$55,000$63,553.50-13.5%
Route 4/ Route 971233-63.6%$49,200$78,500-37.3%
Southern View46-33.3%$46,250$55,500-16.7%
Grandview916-43.8%$40,000$46,250-13.5%
Arlington Heights716-56.3%$36,550$47,174.51-22.5%
Stanford Avenue/ Fox Bridge Road1017-41.2%$31,336$55,105-43.1%
Edwards Street/ 11th Street12-50%$28,885$51,200-43.6%
Ash Street/ Wirt Avenue817-52.9%$15,250$22,000-30.7%
Route 97/ 9th Street42100%$14,950$45,000-66.8%

Blockshopper green logo