College Street/ Lawrence Avenue home prices fall in September 2020

Medium realestate3

The median sale price of a home sold in September 2020 in College Street/ Lawrence Avenue, a Springfield neighborhood, fell by $13,102 while total sales increased by 25%, according to BlockShopper.com.

In September 2020, there were five homes sold, with a median sale price of $36,398 - a 26.5% decrease over the $49,500 median sale price for the same period of the previous year. There were four homes sold in College Street/ Lawrence Avenue in September 2019.

The median sales tax in College Street/ Lawrence Avenue for the most recent year with available data, 2018, was $1,565, approximately 4.3% of the median home sale price for September 2020.

The following table compares College Street/ Lawrence Avenue to other Springfield neighborhood with similar median sales prices in September 2020:

NeighborhoodSept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Jerome57-28.6%$72,000$71,5000.7%
5th Street/ Griffiths Avenue440%$68,500$64,5006.2%
Stanton Street/ Stevenson Drive46-33.3%$55,500$103,750-46.5%
Ash Street/ Wirt Avenue10-$53,213$0-
Southern View5366.7%$42,000$79,500-47.2%
College Street/ Lawrence Avenue5425%$36,398$49,500-26.5%
Route 29/ Route 9742100%$35,425$32,600.508.7%
Route 54/ Sangamon Ave.311-72.7%$30,000$71,500-58%
Cook Street/ 11th Street110%$30,000$4,500566.7%
Route 97/ 9th Street21100%$29,900$35,000-14.6%
Arlington Heights220%$26,000$94,052.50-72.4%

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