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Saturday, July 26, 2025

4th Street/ Cook Street home prices fall in August 2017

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The median sale price of a home sold in August 2017 in 4th Street/ Cook Street, a Springfield neighborhood, fell by $30,000 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

In August 2017, there were eight homes sold, with a median sale price of $37,500 - a 44.4% decrease over the $67,500 median sale price for the same period of the previous year. There were eight homes sold in 4th Street/ Cook Street in August 2016, as well.

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%.

The following table compares 4th Street/ Cook Street to other Springfield neighborhood with similar median sales prices in August 2017:

NeighborhoodAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Southern View42100%$61,750$40,50052.5%
Route 97/ Walnut Street220%$58,138$68,500-15.1%
Arlington Heights770%$53,000$27,50092.7%
Route 97/ 9th Street82300%$45,000$34,59230.1%
5th Street/ Griffiths Avenue62200%$40,855.50$60,200-32.1%
4th Street/ Cook Street880%$37,500$67,500-44.4%
Stanford Avenue/ Fox Bridge Road79-22.2%$30,003$49,000-38.8%
Edwards Street/ 11th Street12-50%$29,750$26,30013.1%
Grandview4333.3%$29,049.50$9,500205.8%
Route 29/ Route 97550%$25,000$24,0004.2%
Ash Street/ Wirt Avenue84100%$25,000$19,25029.9%

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