Route 97/ Walnut Street home prices fall in October 2020

Medium realestate2

The median sale price of a home sold in October 2020 in Route 97/ Walnut Street, a Springfield neighborhood, fell by $16,000 while total sales decreased by 33.3%, according to

In October 2020, there were two homes sold, with a median sale price of $34,000 - a 32% decrease over the $50,000 median sale price for the same period of the previous year. There were three homes sold in Route 97/ Walnut Street in October 2019.

The median sales tax in Route 97/ Walnut Street for the most recent year with available data, 2018, was $1,566, approximately 4.6% of the median home sale price for October 2020.

The following table compares Route 97/ Walnut Street to other Springfield neighborhood with similar median sales prices in October 2020:

NeighborhoodOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
5th Street/ Griffiths Avenue83166.7%$63,500$40,00058.8%
Southern View20-$52,750.50$0-
16th Street/ Ash Street27-71.4%$49,000$29,00069%
Stanford Avenue/ Fox Bridge Road72250%$35,000$64,602.50-45.8%
Route 97/ Walnut Street23-33.3%$34,000$50,000-32%
Cook Street/ Wheeler Avenue42100%$32,750$21,00056%
Route 97/ 9th Street110%$23,900$7,500218.7%
Cook Street/ 11th Street21100%$22,625$9,700133.2%
Clear Lake Avenue/ 16th Street3250%$19,250$40,950-53%
Ash Street/ Wirt Avenue16-83.3%$12,000$14,500-17.2%

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