In September 2017, there were eight homes sold, with a median sale price of $91,000 - a 22.6% decrease over the $117,500 median sale price for the same period of the previous year. There were eight homes sold in Route 4/ Route 97 in September 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%.
The following table compares Route 4/ Route 97 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) |
|---|---|---|---|---|---|---|
| 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% |
| Devereux Heights | 2 | 1 | 100% | $79,000 | $135,600 | -41.7% |
| College Street/ Ash Street | 17 | 11 | 54.5% | $78,000 | $83,000 | -6% |
| Lincoln Avenue/ Fayette Avenue | 5 | 5 | 0% | $75,000 | $118,000 | -36.4% |
Alerts Sign-up