Glenwood Avenue/ Fayette Avenue home prices rise in the third quarter of 2020

Medium realestate1

The median sale price of a home sold in the third quarter of 2020 in Glenwood Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $16,900 while total sales decreased by 38.1%, according to

From July through September of 2020, there were 13 homes sold, with a median sale price of $119,900 - a 16.4% increase over the $103,000 median sale price for the same period of the previous year. There were 21 homes sold in Glenwood Avenue/ Fayette Avenue in the third quarter of 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 the third quarter of 2020.

The following table compares Glenwood Avenue/ Fayette Avenue 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)
Toronto/ University of Illinois at Springfield2033-39.4%$149,500$132,00013.3%
Mayden Road/ Dirkson Parkway171513.3%$138,000$149,900-7.9%
Route 4/ Washington Street33316.5%$135,000$137,500-1.8%
Route 4/ Route 971522-31.8%$127,000$69,20083.5%
Lincoln Avenue/ Fayette Avenue711-36.4%$122,000$110,00010.9%
Glenwood Avenue/ Fayette Avenue1321-38.1%$119,900$103,00016.4%
Cook Street/ Wheeler Avenue18-87.5%$99,900$21,000375.7%
Stanton Street/ Stevenson Drive1630-46.7%$98,750$93,7505.3%
Devereux Heights413-69.2%$97,000$119,900-19.1%
Route 97/ Walnut Street42100%$94,000$34,500172.5%
College Street/ Ash Street1228-57.1%$87,700$104,850-16.4%

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