Glenwood Avenue/ Fayette Avenue home prices rise in July 2020

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The median sale price of a home sold in July 2020 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $21,050 while total sales decreased by 50%, according to

In July 2020, there were four homes sold, with a median sale price of $122,450 - a 20.8% increase over the $101,400 median sale price for the same period of the previous year. There were eight homes sold in Glenwood Avenue/ Fayette Avenue in July 2019.

The median sales tax in Glenwood Avenue/ Fayette Avenue for the most recent year with available data, 2018, was $2,197, approximately 1.8% of the median home sale price for July 2020.

The following table compares Glenwood Avenue/ Fayette Avenue to other Springfield neighborhood with similar median sales prices in July 2020:

NeighborhoodJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Route 4/ Route 9739-66.7%$158,000$80,00097.5%
Toronto/ University of Illinois at Springfield415-73.3%$143,250$132,0008.5%
Devereux Heights16-83.3%$130,000$96,50034.7%
Lincoln Avenue/ Fayette Avenue15-80%$127,500$102,00025%
Stanton Street/ Stevenson Drive415-73.3%$123,250$87,50040.9%
Glenwood Avenue/ Fayette Avenue48-50%$122,450$101,40020.8%
Route 4/ Washington Street12120%$122,000$115,5005.6%
College Street/ Ash Street311-72.7%$94,900$106,700-11.1%
5th Street/ Griffiths Avenue6520%$84,500$87,000-2.9%
Route 54/ Sangamon Ave.721-66.7%$76,000$79,500-4.4%
Southern View34-25%$60,000$55,0009.1%

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