Lincoln Avenue/ Fayette Avenue home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Lincoln Avenue/ Fayette Avenue, a Springfield neighborhood, rose by $42,900 while total sales increased by 100%, according to

In October 2020, there were four homes sold, with a median sale price of $74,250 - a 136.8% increase over the $31,350 median sale price for the same period of the previous year. There were two homes sold in Lincoln Avenue/ Fayette Avenue in October 2019.

The median sales tax in Lincoln Avenue/ Fayette Avenue for the most recent year with available data, 2018, was $2,287, approximately 3.1% of the median home sale price for October 2020.

The following table compares Lincoln Avenue/ Fayette Avenue 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)
Route 54/ Sangamon Ave.10825%$92,250$91,2951%
Route 4/ Route 97550%$92,000$119,900-23.3%
College Street/ Lawrence Avenue12-50%$80,000$99,000-19.2%
Arlington Heights35-40%$78,600$40,00096.5%
Lincoln Avenue/ Fayette Avenue42100%$74,250$31,350136.8%
4th Street/ Cook Street5366.7%$73,500$70,0005%
Route 29/ Route 9742100%$73,500$59,95022.6%
5th Street/ Griffiths Avenue83166.7%$63,500$40,00058.8%
Southern View20-$52,750.50$0-

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