Route 97/ Walnut Street home prices rise in the first half of 2020

Medium realestate2

The median sale price of a home sold in the first half of 2020 in Route 97/ Walnut Street, a Springfield neighborhood, rose by $6,250 while total sales decreased by 75%, according to

From January through June of 2020, there were four homes sold, with a median sale price of $58,500 - a 12% increase over the $52,250 median sale price for the same period of the previous year. There were 16 homes sold in Route 97/ Walnut Street in the first half of 2019.

The median sales tax in Route 97/ Walnut Street for the most recent year with available data, 2018, was $1,566, approximately 2.7% of the median home sale price for the first half of 2020.

The following table compares Route 97/ Walnut Street to other Springfield neighborhood with similar median sales prices in the first half of 2020:

NeighborhoodJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Stanton Street/ Stevenson Drive2948-39.6%$83,500$88,329.71-5.5%
Glenwood Avenue/ Fayette Avenue3034-11.8%$77,250$93,750-17.6%
5th Street/ Griffiths Avenue2335-34.3%$66,500$48,00038.5%
Route 4/ Route 973347-29.8%$65,000$74,900-13.2%
College Street/ Lawrence Avenue2139-46.2%$60,000$59,5000.8%
Route 97/ Walnut Street416-75%$58,500$52,25012%
4th Street/ Cook Street2026-23.1%$50,750$55,700-8.9%
Route 29/ Route 971218-33.3%$48,500$46,2504.9%
Southern View171070%$38,000$55,500-31.5%
Stanford Avenue/ Fox Bridge Road1841-56.1%$37,500$53,440.51-29.8%

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