In January 2017, there were four homes sold, with a median sale price of $32,500 - a 16.7% decrease over the $39,000 median sale price for the same period of the previous year. There were two homes sold in 4th Street/ Cook Street in January 2016.
The median sales tax in 4th Street/ Cook Street for 2017 was $1,515. In 2016, the median sales tax was $1,512. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.7%.
The following table compares 4th Street/ Cook Street to other Springfield neighborhood with similar median sales prices in January 2017:
| Neighborhood | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 5th Street/ Griffiths Avenue | 7 | 6 | 16.7% | $74,000 | $33,000 | 124.2% |
| Jerome | 5 | 2 | 150% | $62,500 | $74,500 | -16.1% |
| Route 97/ Walnut Street | 3 | 1 | 200% | $56,750 | $22,000 | 158% |
| Route 4/ Route 97 | 7 | 5 | 40% | $48,000 | $35,900 | 33.7% |
| Arlington Heights | 4 | 4 | 0% | $39,999.50 | $29,250 | 36.8% |
| Route 97/ 9th Street | 3 | 1 | 200% | $34,000 | $80,000 | -57.5% |
| 4th Street/ Cook Street | 4 | 2 | 100% | $32,500 | $39,000 | -16.7% |
| Stanford Avenue/ Fox Bridge Road | 2 | 5 | -60% | $23,350 | $75,000 | -68.9% |
| 16th Street/ Ash Street | 4 | 5 | -20% | $23,000 | $22,000 | 4.5% |
| Ash Street/ Wirt Avenue | 1 | 3 | -66.7% | $20,000 | $16,500 | 21.2% |
| Clear Lake Avenue/ 16th Street | 1 | 0 | - | $2,000 | $0 | - |
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