In April 2017, there were nine homes sold, with a median sale price of $80,750 - a 18.5% increase over the $68,150 median sale price for the same period of the previous year. There were nine homes sold in Route 4/ Route 97 in April 2016, as well.
The median sales tax in Route 4/ Route 97 for 2017 was $1,853. In 2016, the median sales tax was $1,907. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.
The following table compares Route 4/ Route 97 to other Springfield neighborhood with similar median sales prices in April 2017:
| Neighborhood | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lincoln Avenue/ Fayette Avenue | 6 | 7 | -14.3% | $114,500 | $84,000 | 36.3% |
| Mayden Road/ Dirkson Parkway | 4 | 3 | 33.3% | $112,500 | $113,000 | -0.4% |
| Jerome | 8 | 13 | -38.5% | $98,000 | $82,500 | 18.8% |
| Glenwood Avenue/ Fayette Avenue | 8 | 4 | 100% | $86,250 | $88,700 | -2.8% |
| College Street/ Ash Street | 12 | 12 | 0% | $83,950 | $86,250 | -2.7% |
| Route 4/ Route 97 | 9 | 9 | 0% | $80,750 | $68,150 | 18.5% |
| Route 54/ Sangamon Ave. | 9 | 17 | -47.1% | $72,027 | $72,500 | -0.7% |
| Edwards Street/ 11th Street | 1 | 1 | 0% | $72,000 | $7,000 | 928.6% |
| Stanton Street/ Stevenson Drive | 9 | 7 | 28.6% | $71,809 | $82,900 | -13.4% |
| 5th Street/ Griffiths Avenue | 5 | 4 | 25% | $65,000 | $52,750 | 23.2% |
| Stanford Avenue/ Fox Bridge Road | 3 | 2 | 50% | $62,500 | $48,500 | 28.9% |
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