Salisbury/ Farmingdale 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 Salisbury/ Farmingdale, a Springfield neighborhood, rose by $60,500 while total sales decreased by 31.7%, according to

From July through September of 2020, there were 43 homes sold, with a median sale price of $260,500 - a 30.3% increase over the $200,000 median sale price for the same period of the previous year. There were 63 homes sold in Salisbury/ Farmingdale in the third quarter of 2019.

The median sales tax in Salisbury/ Farmingdale for the most recent year with available data, 2018, was $5,117, approximately 2% of the median home sale price for the third quarter of 2020.

The following table compares Salisbury/ Farmingdale 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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