What happened to the median home price in Route 29/ Route 97 during January 2021?

Medium realestate2

The median sale price of a home sold in January 2021 in Route 29/ Route 97, a Springfield neighborhood, rose by $23,500 while total sales increased by 66.7%, according to BlockShopper.com.

In January 2021, there were five homes sold, with a median sale price of $37,000 - a 174.1% increase over the $13,500 median sale price for the same period of the previous year. There were three homes sold in Route 29/ Route 97 in January 2020.

The median sales tax in Route 29/ Route 97 for the most recent year with available data, 2019, was $1,250, approximately 3.4% of the median home sale price for January 2021.

The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sale prices in January 2021:

NeighborhoodJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
4th Street/ Cook Street45-20%$76,500$27,201181.2%
Route 97/ 9th Street21100%$65,250$19,000243.4%
Ash Street/ Wirt Avenue24-50%$63,750$14,000355.4%
16th Street/ Ash Street330%$60,000$40,00050%
Southern View13-66.7%$50,000$50,0000%
Stanford Avenue/ Fox Bridge Road61500%$45,000$21,100113.3%
5th Street/ Griffiths Avenue330%$45,000$15,000200%
Clear Lake Avenue/ 16th Street20-$43,000$0-
Route 29/ Route 975366.7%$37,000$13,500174.1%
Cook Street/ 11th Street220%$6,042$7,250-16.7%
Edwards Street/ 11th Street10-$2,200$0-

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