Route 4/ Wabash Avenue home prices rise in November 2020

Route 4/ Wabash Avenue home prices rise in November 2020
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The median sale price of a home sold in November 2020 in Route 4/ Wabash Avenue, a Springfield neighborhood, rose by $39,963 while total sales decreased by 55.6%, according to BlockShopper.com.

In November 2020, there were four homes sold, with a median sale price of $185,750 – a 27.4% increase over the $145,787 median sale price for the same period of the previous year. There were nine homes sold in Route 4/ Wabash Avenue in November 2019.

The median sales tax in Route 4/ Wabash Avenue for the most recent year with available data, 2018, was $3,525, approximately 1.9% of the median home sale price for November 2020.

The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in November 2020:

Neighborhood Nov. 2020 Home Sales Nov. 2019 Home Sales % change (Total Home Sales) Nov. 2020 Median Sales Price Nov. 2019 Median Sales Price % change (Median Sales Price)
Route 4/ Greenbriar Drive 7 8 -12.5% $240,000 $147,950 62.2%
Leland Grove 4 4 0% $238,500 $167,000 42.8%
Salisbury/ Farmingdale 15 8 87.5% $198,000 $219,000 -9.6%
Woodside 5 7 -28.6% $190,000 $205,923 -7.7%
Route 4/ Wabash Avenue 4 9 -55.6% $185,750 $145,787 27.4%
Toronto/ University of Illinois at Springfield 5 3 66.7% $160,000 $157,000 1.9%
Jerome 6 4 50% $142,450 $51,000 179.3%
Route 4/ Washington Street 8 11 -27.3% $136,225 $148,000 -8%
Glenwood Avenue/ Fayette Avenue 2 4 -50% $134,750 $61,000 120.9%
Mayden Road/ Dirkson Parkway 4 3 33.3% $115,500 $160,000 -27.8%
Stanford Avenue/ Fox Bridge Road 2 6 -66.7% $108,000 $48,750 121.5%


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