Route 97/ Walnut Street median home prices rose by 45.3% in 2021

Route 97/ Walnut Street median home prices rose by 45.3% in 2021
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The median sale price of a home sold in 2021 in Route 97/ Walnut Street, a Springfield neighborhood, rose by $26,500 while total sales increased by 130%, according to BlockShopper.com.

From January through December of 2021, there were 23 homes sold, with a median sale price of $85,000 – a 45.3% increase over the $58,500 median sale price for the previous year. There were 10 homes sold in Route 97/ Walnut Street in 2020.

The median sales tax in Route 97/ Walnut Street for the most recent year with available data, 2019, was $1,696, approximately 2% of the median home sale price for 2021.

The following table compares Route 97/ Walnut Street 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)
Route 4/ Route 97 66 67 -1.5% $100,000 $92,000 8.7%
Glenwood Avenue/ Fayette Avenue 82 59 39% $98,500 $102,000 -3.4%
Jerome 102 51 100% $92,500 $80,000 15.6%
Devereux Heights 26 18 44.4% $89,250 $83,500 6.9%
College Street/ Ash Street 124 69 79.7% $87,790 $95,500 -8.1%
Route 97/ Walnut Street 23 10 130% $85,000 $58,500 45.3%
Route 54/ Sangamon Ave. 150 95 57.9% $83,750 $87,000 -3.7%
4th Street/ Cook Street 48 40 20% $75,500 $55,750 35.4%
5th Street/ Griffiths Avenue 70 52 34.6% $72,000 $67,525 6.6%
College Street/ Lawrence Avenue 41 43 -4.7% $71,900 $60,000 19.8%
Grandview 38 33 15.2% $71,800 $38,000 88.9%


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