In September 2017, there were 12 homes sold, with a median sale price of $151,302 - a 11.3% increase over the $136,000 median sale price for the same period of the previous year. There were 13 homes sold in Route 4/ Wabash Avenue in September 2016.
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 2.3%.
The following table compares Route 4/ Wabash Avenue to other Springfield neighborhood with similar median sales prices in September 2017:
| Neighborhood | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salisbury/ Farmingdale | 19 | 18 | 5.6% | $270,000 | $216,700 | 24.6% |
| Leland Grove | 10 | 6 | 66.7% | $198,750 | $178,000 | 11.7% |
| Woodside | 7 | 8 | -12.5% | $194,900 | $164,250 | 18.7% |
| Route 4/ Greenbriar Drive | 17 | 15 | 13.3% | $189,900 | $188,000 | 1% |
| Route 4/ Wabash Avenue | 12 | 13 | -7.7% | $151,301.50 | $136,000 | 11.3% |
| Route 4/ Washington Street | 17 | 20 | -15% | $139,500 | $118,500 | 17.7% |
| Toronto/ University of Illinois at Springfield | 5 | 13 | -61.5% | $119,900 | $115,000 | 4.3% |
| Mayden Road/ Dirkson Parkway | 4 | 6 | -33.3% | $118,450 | $122,500 | -3.3% |
| Route 4/ Route 97 | 8 | 8 | 0% | $91,000 | $117,500 | -22.6% |
| Jerome | 4 | 12 | -66.7% | $89,200 | $83,950 | 6.3% |
| Stanton Street/ Stevenson Drive | 14 | 6 | 133.3% | $81,750 | $81,000 | 0.9% |
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