16th Street/ Ash Street home prices fall in the third quarter of 2020

Medium realestate2

The median sale price of a home sold in the third quarter of 2020 in 16th Street/ Ash Street, a Springfield neighborhood, fell by $1,000 while total sales increased by 125%, according to BlockShopper.com.

From July through September of 2020, there were nine homes sold, with a median sale price of $24,000 - a 4% decrease over the $25,000 median sale price for the same period of the previous year. There were four homes sold in 16th Street/ Ash Street in the third quarter of 2019.

The median sales tax in 16th Street/ Ash Street for the most recent year with available data, 2018, was $587, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares 16th Street/ Ash Street to other Springfield neighborhood with similar median sales prices in the third quarter of 2020:

NeighborhoodJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Southern View812-33.3%$51,000$48,5005.2%
College Street/ Lawrence Avenue13130%$40,000$56,000-28.6%
Route 97/ 9th Street3250%$32,000$60,000-46.7%
Route 29/ Route 97912-25%$31,000$42,500-27.1%
Arlington Heights713-46.2%$26,000$56,500-54%
Cook Street/ 11th Street23-33.3%$25,000$4,500455.6%
16th Street/ Ash Street94125%$24,000$25,000-4%
Clear Lake Avenue/ 16th Street13-66.7%$18,000$30,000-40%
Edwards Street/ 11th Street31200%$16,000$49,500-67.7%
Ash Street/ Wirt Avenue770%$14,000$32,500-56.9%

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