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Monday, November 25, 2024

Route 4/ Greenbriar Drive home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Route 4/ Greenbriar Drive, a Springfield neighborhood, rose by $10,900 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In January 2017, there were five homes sold, with a median sale price of $169,900 - a 6.9% increase over the $159,000 median sale price for the same period of the previous year. There were five homes sold in Route 4/ Greenbriar Drive in January 2016, as well.

The median sales tax in Route 4/ Greenbriar Drive for 2017 was $4,189. In 2016, the median sales tax was $4,307. This marks an decrease of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Route 4/ Greenbriar Drive to other Springfield neighborhood with similar median sales prices in January 2017:

NeighborhoodJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale12771.4%$204,252$218,000-6.3%
Woodside8633.3%$195,500$264,500-26.1%
Route 4/ Greenbriar Drive550%$169,900$159,0006.9%
Route 4/ Wabash Avenue136116.7%$161,000$132,75021.3%
Toronto/ University of Illinois at Springfield73133.3%$158,000$111,00042.3%
Leland Grove42100%$140,875$144,500-2.5%
Devereux Heights220%$135,000$111,50021.1%
Stanton Street/ Stevenson Drive10825%$107,884.63$92,02517.2%
Lincoln Avenue/ Fayette Avenue220%$93,500$90,9762.8%
Route 4/ Washington Street9728.6%$91,250$67,50035.2%
Route 54/ Sangamon Ave.815-46.7%$85,772$55,00055.9%

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