In August 2017, there were 10 homes sold, with a median sale price of $99,000 - a 18% decrease over the $120,800 median sale price for the same period of the previous year. There were six homes sold in Route 4/ Route 97 in August 2016.
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 1.9%.
The following table compares Route 4/ Route 97 to other Springfield neighborhood with similar median sales prices in August 2017:
| Neighborhood | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mayden Road/ Dirkson Parkway | 7 | 3 | 133.3% | $132,000 | $123,000 | 7.3% |
| Toronto/ University of Illinois at Springfield | 13 | 18 | -27.8% | $123,500 | $134,735 | -8.3% |
| Lincoln Avenue/ Fayette Avenue | 8 | 5 | 60% | $119,000 | $105,000 | 13.3% |
| Glenwood Avenue/ Fayette Avenue | 12 | 8 | 50% | $113,750 | $86,950 | 30.8% |
| Devereux Heights | 5 | 1 | 400% | $112,000 | $103,000 | 8.7% |
| Route 4/ Route 97 | 10 | 6 | 66.7% | $99,000 | $120,800 | -18% |
| College Street/ Ash Street | 10 | 10 | 0% | $89,900 | $94,950 | -5.3% |
| Stanton Street/ Stevenson Drive | 12 | 10 | 20% | $87,750 | $87,450 | 0.3% |
| College Street/ Lawrence Avenue | 7 | 10 | -30% | $82,000 | $87,500 | -6.3% |
| Route 54/ Sangamon Ave. | 13 | 20 | -35% | $82,000 | $77,200 | 6.2% |
| Jerome | 14 | 19 | -26.3% | $77,366.50 | $69,000 | 12.1% |
Alerts Sign-up