The median sale price of a home sold in 2021 in Route 4/ Wabash Avenue, a Springfield neighborhood, rose by $6,000 while total sales increased by 7%, according to BlockShopper.com.
From January through December of 2021, there were 92 homes sold, with a median sale price of $161,000 – a 3.9% increase over the $155,000 median sale price for the previous year. There were 86 homes sold in Route 4/ Wabash Avenue in 2020.
The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2019, was $3,626, approximately 2.3% of the median home sale price for 2021.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sale prices in 2021:
| Neighborhood | Jan. – Dec. 2021 Home Sales | Jan. – Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. – Dec. 2021 Median Sales Price | Jan. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salisbury/ Farmingdale | 190 | 177 | 7.3% | $255,000 | $252,000 | 1.2% |
| Woodside | 78 | 70 | 11.4% | $232,200 | $189,000 | 22.9% |
| Leland Grove | 54 | 49 | 10.2% | $207,250 | $185,000 | 12% |
| Route 4/ Greenbriar Drive | 97 | 79 | 22.8% | $205,000 | $174,900 | 17.2% |
| Route 4/ Wabash Avenue | 92 | 86 | 7% | $161,000 | $155,000 | 3.9% |
| Mayden Road/ Dirkson Parkway | 38 | 44 | -13.6% | $152,700 | $134,500 | 13.5% |
| Toronto/ University of Illinois at Springfield | 97 | 72 | 34.7% | $150,000 | $147,500 | 1.7% |
| Route 4/ Washington Street | 134 | 103 | 30.1% | $150,000 | $135,000 | 11.1% |
| Lincoln Avenue/ Fayette Avenue | 69 | 36 | 91.7% | $110,000 | $98,200 | 12% |
| Stanton Street/ Stevenson Drive | 83 | 68 | 22.1% | $107,900 | $91,750 | 17.6% |
| Route 4/ Route 97 | 66 | 67 | -1.5% | $100,000 | $92,000 | 8.7% |
