Southern View home prices rise in the third quarter of 2020

Medium re 3

The median sale price of a home sold in the third quarter of 2020 in Southern View, a Springfield neighborhood, rose by $2,500 while total sales decreased by 33.3%, according to

From July through September of 2020, there were eight homes sold, with a median sale price of $51,000 - a 5.2% increase over the $48,500 median sale price for the same period of the previous year. There were 12 homes sold in Southern View in the third quarter of 2019.

The median sales tax in Southern View for the most recent year with available data, 2018, was $1,237, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares Southern View 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)
5th Street/ Griffiths Avenue10100%$84,500$86,250-2%
Route 54/ Sangamon Ave.2342-45.2%$76,000$79,000-3.8%
4th Street/ Cook Street913-30.8%$73,000$45,50060.4%
Stanford Avenue/ Fox Bridge Road14140%$51,500$43,75017.7%
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%

Blockshopper green logo