College Street/ Lawrence Avenue home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in College Street/ Lawrence Avenue, a Springfield neighborhood, rose by $500 while total sales decreased by 46.2%, according to BlockShopper.com.

From January through June of 2020, there were 21 homes sold, with a median sale price of $60,000 - a 0.8% increase over the $59,500 median sale price for the same period of the previous year. There were 39 homes sold in College Street/ Lawrence Avenue in the first half of 2019.

The median sales tax in College Street/ Lawrence Avenue for the most recent year with available data, 2018, was $1,565, approximately 2.6% of the median home sale price for the first half of 2020.

The following table compares College Street/ Lawrence Avenue 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)
Jerome2740-32.5%$85,500$65,39330.7%
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%
Grandview2130-30%$38,000$41,250-7.9%

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