Leland Grove home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Leland Grove, a Springfield neighborhood, rose by $50,000 while total sales increased by 22.2%, according to BlockShopper.com.

From July through September of 2020, there were 11 homes sold, with a median sale price of $185,000 - a 37% increase over the $135,000 median sale price for the same period of the previous year. There were nine homes sold in Leland Grove in the third quarter of 2019.

The median sales tax in Leland Grove for the most recent year with available data, 2018, was $4,173, approximately 2.3% of the median home sale price for the third quarter of 2020.

The following table compares Leland Grove 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)
Salisbury/ Farmingdale4363-31.7%$260,500$200,00030.3%
Route 4/ Greenbriar Drive2136-41.7%$195,000$164,75018.4%
Leland Grove11922.2%$185,000$135,00037%
Route 4/ Wabash Avenue1832-43.8%$161,250$154,772.504.2%
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%

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