Route 4/ Route 97 home prices rise in September 2020

Route 4/ Route 97 home prices rise in September 2020
Adobe Stock
0Comments

The median sale price of a home sold in September 2020 in Route 4/ Route 97, a Springfield neighborhood, rose by $81,600 while total sales increased by 100%, according to BlockShopper.com.

In September 2020, there were eight homes sold, with a median sale price of $119,500 – a 215.3% increase over the $37,900 median sale price for the same period of the previous year. There were four homes sold in Route 4/ Route 97 in September 2019.

The median sales tax in Route 4/ Route 97 for the most recent year with available data, 2018, was $2,018, approximately 1.7% of the median home sale price for September 2020.

The following table compares Route 4/ Route 97 to other Springfield neighborhood with similar median sales prices in September 2020:

Neighborhood Sept. 2020 Home Sales Sept. 2019 Home Sales % change (Total Home Sales) Sept. 2020 Median Sales Price Sept. 2019 Median Sales Price % change (Median Sales Price)
Route 4/ Greenbriar Drive 10 11 -9.1% $181,450 $150,000 21%
Route 4/ Wabash Avenue 9 3 200% $169,400 $175,000 -3.2%
Route 4/ Washington Street 9 10 -10% $153,500 $151,950 1%
Toronto/ University of Illinois at Springfield 8 11 -27.3% $129,250 $131,000 -1.3%
Glenwood Avenue/ Fayette Avenue 5 4 25% $128,500 $103,950 23.6%
Route 4/ Route 97 8 4 100% $119,500 $37,900 215.3%
Mayden Road/ Dirkson Parkway 7 4 75% $119,000 $137,400 -13.4%
Lincoln Avenue/ Fayette Avenue 3 5 -40% $118,000 $113,900 3.6%
College Street/ Ash Street 3 8 -62.5% $115,000 $88,000 30.7%
4th Street/ Cook Street 3 3 0% $83,000 $43,000 93%
Route 97/ Walnut Street 1 1 0% $82,000 $29,000 182.8%


Related

Atlanta ranks second in Logan County for business property tax rate in 2025

Atlanta ranks second in Logan County for business property tax rate in 2025

In Atlanta, the median business property tax rate for fiscal year 2025 is 2.1%, making it lower than the Logan County average but still the second-highest in the area.

Joseph J. Tirio, McHenry County Clerk

Woodstock commercial property tax rate at 2.5% for fiscal 2025

In fiscal year 2025, Woodstock placed fifth among McHenry County cities with a median commercial property tax rate.

Lincoln’s 3.7% median commercial property tax rate in FY 2025 leads Logan County

Lincoln’s 3.7% median commercial property tax rate in FY 2025 leads Logan County

With a median commercial property tax rate of 3.7% for fiscal year 2025, Lincoln tops Logan County.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Sangamon Sun.