In June 2017, there were 12 homes sold, with a median sale price of $161,500 - a 10.6% increase over the $146,000 median sale price for the same period of the previous year. There were 12 homes sold in Route 4/ Wabash Avenue in June 2016, as well.
The median sales tax in Route 4/ Wabash Avenue for 2017 was $3,448. In 2016, the median sales tax was $3,396. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in June 2017:
| Neighborhood | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodside | 12 | 15 | -20% | $242,950 | $185,000 | 31.3% |
| Salisbury/ Farmingdale | 30 | 36 | -16.7% | $209,750 | $263,764 | -20.5% |
| Route 4/ Wabash Avenue | 12 | 12 | 0% | $161,500 | $146,000 | 10.6% |
| Leland Grove | 6 | 3 | 100% | $159,950 | $164,500 | -2.8% |
| Route 4/ Greenbriar Drive | 14 | 20 | -30% | $158,500 | $205,750 | -23% |
| Toronto/ University of Illinois at Springfield | 6 | 8 | -25% | $156,000 | $116,000 | 34.5% |
| Route 4/ Washington Street | 23 | 21 | 9.5% | $139,900 | $120,000 | 16.6% |
| Glenwood Avenue/ Fayette Avenue | 4 | 7 | -42.9% | $129,950 | $82,320 | 57.9% |
| Mayden Road/ Dirkson Parkway | 5 | 3 | 66.7% | $118,000 | $140,000 | -15.7% |
| Lincoln Avenue/ Fayette Avenue | 7 | 9 | -22.2% | $112,250 | $115,500 | -2.8% |
| Jerome | 12 | 8 | 50% | $101,000 | $107,250 | -5.8% |
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