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 BlockShopper.com.
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:
| Neighborhood | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 54/ Sangamon Ave. | 10 | 8 | 25% | $92,250 | $91,295 | 1% |
| Route 4/ Route 97 | 5 | 5 | 0% | $92,000 | $119,900 | -23.3% |
| College Street/ Lawrence Avenue | 1 | 2 | -50% | $80,000 | $99,000 | -19.2% |
| Arlington Heights | 3 | 5 | -40% | $78,600 | $40,000 | 96.5% |
| Jerome | 4 | 8 | -50% | $77,450 | $67,500 | 14.7% |
| Lincoln Avenue/ Fayette Avenue | 4 | 2 | 100% | $74,250 | $31,350 | 136.8% |
| 4th Street/ Cook Street | 5 | 3 | 66.7% | $73,500 | $70,000 | 5% |
| Route 29/ Route 97 | 4 | 2 | 100% | $73,500 | $59,950 | 22.6% |
| 5th Street/ Griffiths Avenue | 8 | 3 | 166.7% | $63,500 | $40,000 | 58.8% |
| Grandview | 4 | 3 | 33.3% | $60,000 | $25,000 | 140% |
| Southern View | 2 | 0 | - | $52,750.50 | $0 | - |
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