Salisbury/ Farmingdale home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Salisbury/ Farmingdale, a Springfield neighborhood, fell by $48,000 while total sales increased by 64.3%, according to BlockShopper.com.

In October 2020, there were 23 homes sold, with a median sale price of $195,000 - a 19.8% decrease over the $243,000 median sale price for the same period of the previous year. There were 14 homes sold in Salisbury/ Farmingdale in October 2019.

The median sales tax in Salisbury/ Farmingdale for the most recent year with available data, 2018, was $5,117, approximately 2.6% of the median home sale price for October 2020.

The following table compares Salisbury/ Farmingdale 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)
Devereux Heights12-50%$265,000$70,750274.6%
Salisbury/ Farmingdale231464.3%$195,000$243,000-19.8%
Woodside7540%$190,000$175,0008.6%
Route 4/ Wabash Avenue815-46.7%$186,500$145,00028.6%
Leland Grove6450%$157,500$187,450-16%
Glenwood Avenue/ Fayette Avenue812-33.3%$155,875$83,75086.1%
Toronto/ University of Illinois at Springfield5425%$155,000$144,5007.3%
Route 4/ Washington Street612-50%$132,000$135,475-2.6%
College Street/ Ash Street68-25%$114,500$115,250-0.7%
Route 4/ Greenbriar Drive73133.3%$113,000$159,000-28.9%
Mayden Road/ Dirkson Parkway25-60%$111,000$115,000-3.5%

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