January 2021: Home prices in Route 54/ Sangamon Ave. increased

Medium realestate2

The median sale price of a home sold in January 2021 in Route 54/ Sangamon Ave., a Springfield neighborhood, rose by $10,750 while total sales increased by 83.3%, according to BlockShopper.com.

In January 2021, there were 11 homes sold, with a median sale price of $78,500 - a 15.9% increase over the $67,751 median sale price for the same period of the previous year. There were six homes sold in Route 54/ Sangamon Ave. in January 2020.

The median sales tax in Route 54/ Sangamon Ave. for the most recent year with available data, 2019, was $1,826, approximately 2.3% of the median home sale price for January 2021.

The following table compares Route 54/ Sangamon Ave. 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)
Lincoln Avenue/ Fayette Avenue31200%$105,900$47,500122.9%
Route 4/ Route 9725-60%$98,450$68,50043.7%
College Street/ Ash Street6450%$94,000$56,35066.8%
Route 97/ Walnut Street110%$88,500$87,0001.7%
Route 54/ Sangamon Ave.11683.3%$78,500$67,750.5015.9%
College Street/ Lawrence Avenue23-33.3%$76,500$72,0996.1%
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%

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