Pricing for the median home in Route 4/ Wabash Avenue increased during December 2021

Pricing for the median home in Route 4/ Wabash Avenue increased during December 2021
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The median sale price of a home sold in December 2021 in Route 4/ Wabash Avenue, a Springfield neighborhood, rose by $49,900 while total sales increased by 57.1%, according to BlockShopper.com.

In December 2021, there were 11 homes sold, with a median sale price of $189,900 – a 35.6% increase over the $140,000 median sale price for the same period of the previous year. There were seven homes sold in Route 4/ Wabash Avenue in December 2020.

The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2019, was $3,626, approximately 1.9% of the median home sale price for December 2021.

The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sale prices in December 2021:

Neighborhood Dec. 2021 Home Sales Dec. 2020 Home Sales % change (Total Home Sales) Dec. 2021 Median Sales Price Dec. 2020 Median Sales Price % change (Median Sales Price)
Salisbury/ Farmingdale 11 10 10% $240,000 $297,000 -19.2%
Woodside 10 4 150% $237,450 $234,750 1.2%
Leland Grove 5 6 -16.7% $220,000 $208,950 5.3%
Route 4/ Greenbriar Drive 9 9 0% $205,000 $167,000 22.8%
Route 4/ Wabash Avenue 11 7 57.1% $189,900 $140,000 35.6%
Toronto/ University of Illinois at Springfield 6 7 -14.3% $162,550 $139,900 16.2%
Mayden Road/ Dirkson Parkway 4 5 -20% $150,249.50 $153,500 -2.1%
Route 4/ Washington Street 15 13 15.4% $150,000 $135,500 10.7%
Route 97/ Walnut Street 3 0 – $139,400 $0 –
Stanton Street/ Stevenson Drive 5 10 -50% $110,500 $125,500 -12%
Lincoln Avenue/ Fayette Avenue 7 6 16.7% $107,500 $100,250 7.2%


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