Route 4/ Washington Street median home prices rose by 15.4% in the second half of 2021

Route 4/ Washington Street median home prices rose by 15.4% in the second half of 2021
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The median sale price of a home sold in the second half of 2021 in Route 4/ Washington Street, a Springfield neighborhood, rose by $20,725 while total sales increased by 31.7%, according to BlockShopper.com.

From July through December of 2021, there were 79 homes sold, with a median sale price of $155,175 – a 15.4% increase over the $134,450 median sale price for the same period of the previous year. There were 60 homes sold in Route 4/ Washington Street in the second half of 2020.

The median sales tax in Route 4/ Washington Street for the most recent year with available data, 2019, was $3,523, approximately 2.3% of the median home sale price for the second half of 2021.

The following table compares Route 4/ Washington Street to other Springfield neighborhood with similar median sale prices in the second half of 2021:

Neighborhood July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Woodside 53 41 29.3% $237,000 $190,000 24.7%
Route 4/ Greenbriar Drive 52 44 18.2% $215,000 $182,610 17.7%
Leland Grove 25 27 -7.4% $195,000 $185,000 5.4%
Route 4/ Wabash Avenue 55 37 48.6% $175,000 $165,000 6.1%
Toronto/ University of Illinois at Springfield 57 37 54.1% $163,500 $154,000 6.2%
Route 4/ Washington Street 79 60 31.7% $155,175 $134,450 15.4%
Mayden Road/ Dirkson Parkway 21 28 -25% $155,000 $136,500 13.6%
Lincoln Avenue/ Fayette Avenue 35 23 52.2% $112,500 $100,600 11.8%
Stanton Street/ Stevenson Drive 36 39 -7.7% $110,250 $102,000 8.1%
Glenwood Avenue/ Fayette Avenue 47 29 62.1% $100,000 $124,900 -19.9%
Route 4/ Route 97 38 34 11.8% $95,000 $113,450 -16.3%


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